How to rank exact match domain?

Hi. First of all, I'd like to mention I am new to SEO. My question is:
Let's say I buy an exact match domain name for an upcoming game. The game launches in early 2016. The competition on Google is very low now for the keywords. In case I'll rip content from IGN (popular game wiki website) and post it on a wordpress website (copy paste), and only update from the same IGN page when updates are available there:
1) Will my website rank high (on the first page) when there is no competition (early 2015) ? If yes, when will this be visible? (before of after mid 2015?)
2 ) how will my website rank on Google by late 2015 when the keywords will become more popular and other websites will start to post original content on that game?
3) Is there a chance for Google to penalize my website for having unoriginal exact copied data from only one source? If so, how will that affect my website's ranking?
4) My whole question is based on the assumpsion that old domains and exact match ones rank better. Is this still true by the new Google algorithms?
5) What's the best way to rank high when the competition arises, with the minimum work and resources implied? (considering my website has almost no competition when it launches)
I am waiting for your responses,
Thank you in advance,
Roland.

I'm not sure but there could be a copyright issue if the game name is unique and company owns the rights.

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