Google now lets you join multiplayer sessions with players near you
No, unfortunately, this does not mean that you will be able to play games locally. It means that whenever you go online and make yourself ready to play a multiplayer session, you will be able to scan your geolocation for players that have the same game and invite them for a brawl. This could be useful for getting your friends in a party faster (if it's properly implemented), though we are not sure if it will serve some social function.
source: Android Developers via Mobile Syrup