Before Squid Game, there was Battle Royale
https://www.tokyoweekender.com/entertainment/movies-tv/before-squid-game-there-was-battle-royale/loading story #42657130
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And before Battle Royale, there was Kaiji.
It's identical. People with debt invited to a game and a chance at loads of cash. People die in the game and some get enslaved. Rich people sit in another room and laugh while they watch people suffer. There's even a game where the "contestants" walk high up and fall to their deaths.
Then the main character gets called back into the game and you get a season 2.
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