Razed at a glance
Desk review, checked 8 October 2026| Operator | Wild Technology Ltd (Costa Rica, reg. 3-102-898807) |
|---|---|
| Licence | Government of the Autonomous Island of Anjouan, licence ALSI-132405034-FI3 (as stated in its terms) |
| ACMA status | Not on ACMA's blocked list (checked) |
| Withdrawal route | To a personal crypto address (terms 12.6); help centre also describes card and bank refunds |
| Fiat withdrawal cap | $50,000 USD a month (terms 12.7, updated 8 May 2025) |
| Deposit rollover | Wager each deposit 1x before withdrawing |
| Dormancy fee | EUR 10 a month after 12 months without logging in |
| Bonus expiry | 5 days from activation; bonus spin winnings usually 40x |
| Australia restricted? | No, but excluded from NetEnt games and NetEnt jackpots |
4.4/10 PokiePundit score (how we rate)
| Payments and withdrawals (25%) | 4.5 |
|---|---|
| Terms fairness (20%) | 4.0 |
| Safety and licence (20%) | 3.0 |
| Responsible gambling tools (15%) | 7.0 |
| Games and RTP transparency (10%) | 4.0 |
| Support (10%) | 4.0 |
Good
- Company, registration number and licence number all named
- Self-service loss and wager limits and timed breaks
- No maximum crypto withdrawal, according to its help centre
Watch out
- Illegal to offer to Australians, whatever the licence
- Terms say withdrawals go only to crypto
- EUR 10 monthly dormancy fee
- Bonus balances expire after five days
- Disputes end in mediation and arbitration in Anjouan
Key facts
- Razed's terms name Wild Technology Ltd (Costa Rica, reg. 3-102-898807), licensed by Anjouan under licence ALSI-132405034-FI3.
- No razed domain was on ACMA's blocked list on 8 Oct 2026, but online casinos still cannot legally be offered in Australia.
- Clause 12.6 says withdrawals go only to a personal crypto address; fiat withdrawals are capped at $50,000 USD a month.
- Australia is excluded from NetEnt games and NetEnt jackpot wins in clause 4.
- Loss limits, wager limits and timed breaks are self-service; raising a limit takes 48 hours.
Is Razed casino legit? Our verdict
Razed is the most transparent casino in this batch of reviews and scores 4.4 out of 10, the highest we gave here. Its terms name the company, the registration number and a licence number, and it gives you limit tools you can set without asking anyone. That still leaves a 4, not a 7: Razed is an offshore casino that cannot legally serve Australians, its terms route withdrawals to crypto, and any dispute ends in Anjouan.
We read Razed's terms (last updated 8 May 2025), bonus terms (17 March 2024), responsible gambling page and help centre articles on 8 October 2026 for this desk review. We did not open an account or move any crypto.
Who owns Razed casino?
Clause 1.2 says the site is operated by Wild Technology Ltd, registration number 3-102-898807, with a registered address in San Jose, Costa Rica, and is "licensed and regulated by the Government of the Autonomous Island of Anjouan, Union of Comoros" under "License No. ALSI-132405034-FI3". Few of the brands Australians search for give you that much.
What the licence buys you is limited. Clause 18.1 sends disputes first to "mediation in Anjouan in terms of the Laws of Anjouan", with the casino choosing the mediator, and if that fails within six months, to arbitration in Anjouan. No independent complaints service is named. Before that, Razed promises to look for an amicable solution within 14 days of your complaint.
Razed casino in Australia
Razed is not legal here, even though no razed domain was on ACMA's blocked gambling websites list when we checked it on 8 October 2026. The Interactive Gambling Act 2001 prohibits offering online casino games to people in Australia, and no Australian licence exists for them. A licence from Anjouan does not change that. For the details, see are online pokies legal in Australia.
Australia is not on Razed's restricted-country list (clause 3.5 names the United Kingdom and the United States among others). It does turn up three times in clause 4, as a place where NetEnt games, the Vikings Video Slot and NetEnt jackpot wins are not available. If you are in Australia, part of the lobby is closed to you, and you cannot win a NetEnt jackpot even if a game loads.
Withdrawals: crypto first, and the gaps in the rules
Razed is built around crypto, and its terms say so plainly. Clause 12.6: "Withdrawals can only be requested and processed to a personal cryptocurrency address." Its help centre is looser: a September 2025 article says players who deposited by Visa, Mastercard or Paysafecard are paid back to the card or by bank transfer, "depending on availability", and must withdraw by the method they deposited with.
| Rule | Where it comes from |
|---|---|
| Wager each deposit once before withdrawing | Terms 12.5 |
| Withdrawals to a personal crypto address only | Terms 12.6 |
| Fiat withdrawals capped at $50,000 USD a month | Terms 12.7 |
| No maximum crypto withdrawal | Help centre, March 2024 |
| Minimum crypto withdrawal set by network fees, shown in the cashier | Help centre |
| Payout time | Not stated anywhere we read |
Two verification rules can stall a payout. Under clause 9.8, Razed may phone you, and if it cannot reach you within two weeks of a withdrawal request, the account is locked for failing KYC. Documents must be in Latin or Cyrillic script (clause 10.5), and video verification may be requested.
Crypto adds its own costs. The coin's price can move between deposit and withdrawal, and the ATO treats crypto you win as a capital gains tax asset if you hold it as an investment. Our guide to crypto casino withdrawals walks through fees, networks and tax.
The dormancy fee in practice
Clause 14.1 treats an account as dormant after 12 consecutive months without a login, and allows a monthly administrative fee of EUR 10, or the remaining balance if that is lower. Leave EUR 60 in an account and forget about it, and the fees empty it six months after the 12-month mark, 18 months after you last logged in.
Bonuses: five days, and RTP-based weighting
Razed's homepage advertised a first deposit bonus "Up To $300", and its promotions section "100% matched up to $500" plus "daily surprises" for the first five days. We found no no deposit offer. The bonus terms add:
- Bonus balances expire five days after activation unless stated otherwise.
- Winnings from bonus spins become bonus balance with "a wagering requirement of usually 40x".
- Games with an RTP of 96.5% or lower count 100% towards wagering; table games and their equivalents count 20%.
- Bets with bonus balance earn no VIP progress or rewards, and sportsbook bets with bonus money are not allowed.
- All games from 3 Oaks Gaming and VoltEnt, and a long list of other titles, are excluded.
Five days is tight. Turn $50 of spin winnings into bonus balance and 40x means $2,000 of bets inside five days on eligible pokies, or $10,000 of table game bets at 20%. The weighting formula in clause 6.1 also does not reconcile with its own worked example, so check a game's contribution before relying on it.
Responsible gambling tools
This is Razed's best section and the main reason for its score. From your profile you can set:
- Loss limits by day, week or month (net losses, with unsettled bets counted).
- Wager limits by day, week or month (total stakes, profits not offset).
- Take a Break for 1 day, 7 days or 30 days, which "can NOT be removed" early.
- Self-exclusion, permanent, through support.
Lowering a limit is immediate, but increasing or removing one takes 48 hours, and removing a wager limit starts a 24-hour wait before a new one can be set. That is how limits should work. The gaps: no deposit limit or session timer is listed, and the help services named are international ones. Free Australian support is on 1800 858 858.
Games and support
Razed runs a casino and a sportsbook, with instant rakeback paid in crypto and VIP tiers. Its help centre covers wallets, accounts, the casino, the sportsbook and the VIP program. We did not see support hours stated or test live chat.
How we scored it
| Criterion | Score | Why |
|---|---|---|
| Payments | 4.5 | No crypto maximum, but no stated payout time and terms that limit withdrawals to crypto |
| Terms | 4.0 | Five-day bonus expiry, 40x spins, EUR 10 dormancy fee; clearer than most |
| Safety | 3.0 | Company and licence named, not ACMA-blocked yet, but illegal to offer here and disputes stay in Anjouan |
| Responsible gambling | 7.0 | Self-service loss and wager limits, timed breaks, delayed increases |
| Games | 4.0 | NetEnt games and jackpots closed to Australians |
| Support | 4.0 | Help centre in place; hours and quality not checked |
That weights to 4.4 out of 10. See how we rate casinos.
Our partner sites
Terms checked 8 to 9 October 2026We earn a commission if you join through these links; it pays for the site and does not change the facts we show. Listed in no particular order. Every detail comes from the casino's own terms, except ACMA notes, which come from ACMA's blocked list. These are offshore casinos without an Australian licence, so BetStop and Australian dispute services do not cover them: read whether online pokies are legal in Australia and our affiliate disclosure.Commission links. Offshore sites with no Australian licence or BetStop cover: is it legal?
LuckyOnes
Partner · termsTerms checked 9 Oct 2026- Withdrawals
- AUD 6,000 a day
- Max bet (bonus)
- AUD 8
- Min deposit
- AUD 30
- Names no licence or operating company in its terms or footer
- luckyones.com, luckyones1.com and luckyones7.com are on ACMA's blocked list (8 Oct 2026)Main domain on ACMA's blocked list
Wild Tokyo
Partner · termsTerms checked 8 Oct 2026- Withdrawals (entry)
- AUD 800 a day
- Max bet (bonus)
- AUD 8
- Monthly cap (entry)
- AUD 13,000
- States a Curacao eGaming licence (no number shown)
18+ Offers and terms change often; the casino's own terms always apply. Never gamble money you need. Free help: Gambling Help 1800 858 858, 24/7.
Frequently asked questions
Is Razed casino legit?
It is more transparent than most: the terms name the company, its registration number and an Anjouan licence number. That does not make it legal in Australia, and disputes go to mediation and arbitration in Anjouan, not to any Australian body.
Who owns Razed casino?
Its terms say Razed is operated by Wild Technology Ltd, registration number 3-102-898807, with a registered address in San Jose, Costa Rica, licensed by the Government of the Autonomous Island of Anjouan under licence ALSI-132405034-FI3.
Is Razed casino legal in Australia?
No. The Interactive Gambling Act 2001 bans offering online casino games to people in Australia. Razed was not on ACMA's blocked list when we checked on 8 October 2026, and Australia is not on its own restricted list.
How long do Razed withdrawals take?
Razed's terms and help centre give no processing time. Its help centre says there is no maximum crypto withdrawal; the terms cap fiat withdrawals at $50,000 USD a month and let Razed hold a payout while it checks your identity.
Does Razed have a no deposit bonus or promo code?
We found no no deposit offer on Razed's pages. The homepage advertised a first deposit bonus of up to $300, with 100% matched up to $500 on its promotions section, plus daily rewards for five days.
Does Razed charge an inactivity fee?
Yes. If you do not log in for 12 months in a row, it can charge EUR 10 a month, or the whole balance if that is less, until the account is empty or you come back.
Related reading
Sources
Official pages we relied on. If anything here has changed, tell us via the contact page and we fix it.