An old question with a later answer
Netflix's season-two guide records the return of Squid Game, with Lee Jung-jae's Gi-hun at the center of the continuing drama. The second season premiered on December 26, 2024. A headline asking whether there would be another season therefore describes an earlier period of uncertainty, not an unresolved question today.
The show's fictional competition and a real-world promotional activity are different things. Netflix's December 2024 release campaign included public events and branded products, but those were marketing around the drama rather than episodes of its narrative.
Source [1]Keep the different productions distinct
Netflix's campaign announcement explicitly distinguished the first season, the December 26 second-season debut and a third and final season planned for 2025. Those are season references within the scripted series. Squid Game: The Challenge is a separately titled reality competition and should not be counted as season two of the drama.
This historical guide avoids repeating an old renewal question as breaking news. For other continuing-series changes, the linked Witcher article explains how a new lead performer can enter an existing television narrative.
Source [2]