I'm not convinced that /r/LoveGayMale is the best named subreddit I have ever come across, but seeing as this place has a pretty tidy number of subscribers that push well over 13,000, I think it's fair to say that others have found this destination a pretty solid location if they're keep to find hot and heavy action of gay guys getting down to it.
So what you're getting here are videos, pictures and news articles, all of which deal with gay men. I'd say that 90% of the content is image-based and submitted by a small number of contributors. Compared to other subreddits, it has a pretty low population of content added to the stream. For instance, in the last 24 hours, only three new submissions have been made.
Not a perfect destination if you want gay porn, but I guess it's another one to add to the list if you want a NSFW subscription list on your Reddit account.