I don't know about links, but study lounges make studying more pleasant, which increases the probability that people will be willing to do it. If you are forced to sit in an uncomfortable, unpleasant location to study, you will avoid it and leave as quickly as possible.
Study breaks are important because people can only absorb so much information at a stretch. It is important to get up and take a break from studying every 20 minutes to 1/2 hour,so that your brain can absorb more information.
I'm not sure that game rooms are necessary, but they provide stress relief for someone who is studying hard. In addition, a lot of schools who are competing or limited numbers of students need to provide reasons for students to chose them, so they offer game rooms, fitness centers, fancy dorms and other amenities in order to be appealing to students.
