As of now, there hasn’t been an official announcement regarding Squid Game Season 3 from Netflix or the series’ creator, Hwang Dong-hyuk. However, given the massive success of the franchise and the anticipation surrounding Season 2, discussions about a third installment are not unexpected. Here’s a speculative outline based on the direction of the series and industry patterns:
Speculative Overview of Squid Game Season 3
Expected Plot Direction
If Season 2 delves deeper into the origins of the Squid Game and Gi-hun’s fight to dismantle the organization, Season 3 could take a broader perspective. It might explore:
- The global reach of the Squid Game organization.
- Participants from other regions, highlighting the universal nature of economic disparity.
- A potential face-off between Gi-hun and the higher powers behind the games.
- The aftermath of Gi-hun’s actions in Season 2 and whether his mission sparks a larger revolution.
Potential Themes
- Globalization of Exploitation: Season 3 could shed light on how the Squid Game operates in different parts of the world, emphasizing universal struggles.
- Moral Ambiguity: The deeper involvement of characters like The Front Man could explore the thin line between victim and perpetrator.
- Revolution vs. Resistance: Gi-hun’s efforts might inspire others, leading to larger-scale resistance against the games.
Cast Predictions
- Lee Jung-jae as Seong Gi-hun: Continuing his mission to end the games.
- Wi Ha-joon as Hwang Jun-ho: Further uncovering the organization’s secrets.
- Lee Byung-hun as The Front Man: Exploring his complex role as both a leader and a victim of circumstance.
- New global participants could introduce fresh narratives and challenges.

Release Speculation
Considering Netflix’s production cycle and the timeline between Seasons 1 and 2, Season 3 might arrive in late 2026 or 2027, provided it’s greenlit.
What Fans Can Expect
- Expanded Worldbuilding: Exploring international operations of the Squid Game.
- Higher Stakes: More dangerous games with psychological twists.
- Deeper Character Arcs: A closer look at how the games impact participants emotionally and morally.