When is Squid Game season two releasing on Netflix and is it the last series?

After the global success of series one, the hit show is back for a second instalment and the stakes have never been higher.

The South Korean show followed Seong Gi-hun (played by Lee Jung-jae) who found himself sucked into a deadly competition alongside 455 other players, all vying to win a 45.6 billion won cash prize.

It was released back in 2021, meaning fans have had to wait an agonising three years to find out what happens next.

Viewers will be pleased to know that season two will air on on December 26, just in time for a post-Christmas marathon.

The streaming platform released the trailer yesterday (Thursday 31 October) and the clip showed Seong's efforts to change the game from the inside.

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The character is seen re-entering the game and attempting to lead a rebellion against its shady creators.

The season two sypnosis reads: "Three years after winning Squid Game, Player 456 gave up going to the states and comes back with a new resolution in his mind.

"Gi-hun once again dives into the mysterious survival game, starting another life-or-death game with new participants gathered to win the prize of 45.6 billion won."

Since it dropped, fans have been flocking to social media to share their reactions as one person said: "This feels so much more intense than the first season now that we know everything."

Another viewer enthused: "Gi-hun really said he's ready to get traumatised and watch more people die again rather than see his own daughter lmao."

A third commented: "Can’t wait for this absolute fire," while a fourth added: "This trailer looks super promising, we will be seated."

The first instalment became Netflix's most-watched series in 2021 and the most-watched program in 94 countries.

It attracted more than 142 million member households and 1.65 billion viewing hours in its first four weeks, surpassing Bridgerton as the service's most-watched show.

It has received many accolades including the Golden Globe Award for Best Supporting Actor - Series, Miniseries or Television Film for O-Yeong-su and the Screen Actors Guild Award for Outstanding Performance by a Male Actor in a Drama Series.

It's been confirmed for a third series which will air on Netflix in 2025 but it will be the last season in the franchise.

Squid Game season two airs on Netflix on December 26.