Will an American remake of Squid Game be bad or better than the original?

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?