Recessed cans are good for general lighting. Putting pendant(s) over the wet bar would also be nice, even if it's a stand up bar.

You typically have a lot of wall space in a basement so putting up lighting that will highlight art or something else on the wall would be good.

Just put everything on dimmers so you can tone it down as need be. And make sure you have enough outlets around the room so you can add lamp lighting in the future.

If you want to have a games table and know it will pretty much be in that area, a pendant over the table would be nice too.

I second the recommendations from AnnieDeighnaugh. Basements can be tricky to illuminate, so a variety of sources, on dimmers, is essential.

Our basement (approximately 750 sq. ft. finished) contains 18 cannisters (never more than 3 on a single dimmer for easy adjustment and so as not to overload a dimmer), 4 pendants above a 9 foot bar, 2 sconces in the TV area, a swag lamp above a pub table plus 4 switched outlets permitting varied placement of table lamps. There are several puck lights near the bar too. All were purchased at local lighting stores or home centers. Though we don't have a pool table, a switched outlet for someone to connect and hang a light above one was installed in the ceiling.

I know that may sound like lots of light but we use the space for everything from gift wrapping to painting with its primary purpose as entertaining. We've also used various colors to differentiate areas so some light is absorbed by the darker colors.

Sorry, no photos presently as the site I posted them to has gone down. Hope this helps. Good luck and Happy New Year.