The 74th Primetime Emmy Awards in Los Angeles
Park Hae-Soo, Lee Jung-Jae, Kim Ji-Yeon, Hwang Dong-Hyuk, Jung Ho-Yeon and Oh Young-Soo, of "Squid Game", arrive at the 74th Primetime Emmy Awards in Los Angeles, California, U.S., September 12, 2022.

Hollywood stars gathered on Monday to toast the best of television at the annual Emmy awards, where back-stabbing drama "Succession" will battle South Korean sensation "Squid Game" for the top prize.

The two are competing for the best drama series trophy at the red-carpet ceremony that will be broadcast live on Comcast Corp's NBC network and streamed on Peacock. Longtime "Saturday Night Live" cast member Kenan Thompson will host the event starting at 5 p.m. local time (8 p.m. Eastern/midnight GMT) in downtown Los Angeles.

"Ted Lasso" star and nominee Hannah Waddingham arrived on the red carpet wearing a strapless pink dress with a full skirt that hid white tennis shoes with glitter on top. Issa Rae, a nominee for "Insecure," chose a long black-and-white dress with spaghetti straps.

Henry Winkler said he wore his lucky yellow tie, the same one he donned in 2018 when he won a supporting actor Emmy for playing an acting coach on "Barry." Winkler is in contention for the same award on Monday.

Host Thompson promised "just a good time."

"We're going to open with a bang. I think we've got great presenters, and some surprises in there," he said on the red carpet.

The competition for trophies is tough, according to awards experts, with several shows and stars back in the running after COVID-related filming disruptions kept them away last year.

"We're seeing a lot of categories with contenders who have been mainstays for years, and they're competing against each other," said Entertainment Weekly editor-in-chief Patrick Gomez.

"Succession," an HBO series starring Brian Cox as the patriarch of a family jockeying for control of a media dynasty, is a favorite for best drama after racking up a leading 25 nominations. It won the award in 2020.

Newcomer "Squid Game" could pull off a win, however, and if so it would make history as the first non-English language program to claim a series Emmy. The show about life-or-death contests offering the possibility of riches became a global phenomenon when it debuted on Netflix Inc a year ago.

But don't rule out a surprise, awards experts said. Apple TV+ workplace thriller "Severance" has generated recent buzz in Hollywood. Other competitors include Netflix's "Ozark" and AMC's "Better Call Saul," which voters might want to honor for their final seasons.

In the comedy race, Apple TV+ feel-good series "Ted Lasso" is back for more after being named best comedy last year. Its rivals include Hulu's "Only Murders in the Building," starring Steve Martin, Martin Short and Selena Gomez as neighbors who become true-crime podcasters, and ABC's "Abbott Elementary" about teachers at a predominantly Black school in Philadelphia.

Short and Martin are competing against each other for best comedy actor, along with "Lasso" star Jason Sudeikis. Contenders for lead comedy actress include Quinta Brunson, the 32-year-old creator and star of "Abbott Elementary, "Insecure" star Issa Rae, and Jean Smart of "Hacks."

An employee, dressed as a character from the popular television series "Squid Game", stands guard with a toy gun during a Squid Game challenge, in Riyadh
An employee, dressed as a character from the popular television series "Squid Game", stands guard with a toy gun during a Squid Game challenge, in Riyadh, Saudi Arabia, March 11, 2022.