Let’s say they remade the entire series but with the cast consisting of Westerners and they’re speaking English (the original one takes place in South Korea with a Korean cast with subtitles), but the thing is that the actual “Squid Game” is a Korean children’s game which is not something that resonates with US culture, so would an actual American remake really succeed or fail?
As you say, Squid Game is a Korean game, its rules nonsensical to westerners, and it has not taken off in the west, because we all collectively agreed the game is fucking stupid.
So maybe they call the remake something else. Squid Game is only called that, one, because they play children’s games; and two, because Squid Game is the final game in the first season.
A remake wouldn’t be impossible, but they’d have to change the name to something more culturally relevant. There is actually a Hide and Seek movie IIRC. Maybe Capture the Flag?
I think the question is less “should they” and more, there is one already announced and in production, so what do you think it’ll look like
https://m.imdb.com/title/tt34352214/