Is Razed legitimate in Nigeria?

What the licence is actually worth

Razed is a real, trading operator with a licence number that genuinely verifies, and it is simultaneously an operator whose own paperwork gives three different answers about which country's law applies to your money. Both halves of that sentence are true and neither cancels the other.

The question worth answering is not whether the brand exists but what a player can actually enforce, and on the published record the answer is very little.

The licence, checked

Clause 1.2 of the terms cites licence ALSI-132405034-FI3 issued by the government of the Autonomous Island of Anjouan in the Union of Comoros (Razed terms and conditions).

That number returns a matching row on the issuing body's own public register: holder Wild Technology Limitada, business-to-consumer type, issued 28 May 2024, expiring 27 May 2027, mapped to razed.com (Anjouan Gaming licence register). The number is not invented and it maps to the correct domain.

The standing of the body that issued it

Weigh what that verification is worth. The register holds 1,491 entries and every one of them carries the status valid. Nothing in it has ever been recorded as lapsed, paused or withdrawn, which strips the dataset of any ability to tell one licensee from another; all it evidences is that a number exists.

The authority contradicts its own data by publishing an enforcement notice headed as a licence suspension on the register's landing page while showing no suspended rows at all (Anjouan Gaming public register). The same page describes the licensing operation as sitting under the Anjouan Offshore Financial Authority with an Anjouan Gaming Board as supervisor.

That supervisory chain is contested by serious outside reporting: a former attorney-general of the Comoros has described the company issuing these licences as an illegal entity, and the authority named as the source of its power has been characterised as fictitious on the basis of statements from the Comoros central bank (ABC News, Le Monde).

Read together with the all-valid register, the licence is best understood as a paid registration rather than as supervision.

Three corporate stories

• The terms and the privacy policy both name Wild Technology Ltd., registration 3-102-898807, at a Costa Rican address published as San Rafael, Edificio, Fuentecantos, San Jose (Razed terms and conditions, clause 1.2; Razed privacy policy, section 1).
• The register names Wild Technology Limitada. The Costa Rican corporate form is consistent with a 3-102 series registration number, but the two strings are not the same name and nothing on the site explains the difference (Anjouan Gaming licence register).
• The anti-money-laundering document says the company is incorporated under the law of Curacao, is drafted against Curacao legislation, sends unusual transaction reports to the financial intelligence unit in Curacao, and answers to a Master License Holder whose identity is never given (Razed AML policy, sections 1.2, 2.1, 3.3.1 and 3.4). A master licence is a Curacao structure with no Anjouan counterpart, and no Curacao licence number appears anywhere on the site. The privacy policy adds a fourth jurisdictional reference by invoking European Union anti-money-laundering rules to justify five-year retention (Razed privacy policy, section 8).

No director, shareholder or beneficial owner is identified on any operator page. The confusion has already propagated outward: one esports outlet reported the brand as licensed by a Curacao authority when announcing a 2025 sponsorship (The Esports Advocate).

Contradictions the site never resolves

The jurisdictional muddle is not an isolated slip. The site advertises three welcome amounts at once, 500 dollars on the front page, 300 dollars on the offer page and 150% up to 3,000 dollars in the promotions listing's description (Razed homepage, Razed welcome bonus, Razed promotions index).

Its help centre says there is no maximum payout while its terms provide for large wins to be paid in instalments (Razed help centre, Razed terms and conditions, clause 12.1). Its verification threshold is 2,500 EUR in one place and 2,000 EUR in another.

Its safer gambling policy and its help article disagree on whether a limit can be lifted before its period ends (Razed responsible gambling policy, Razed help centre on gambling limits).

And its FAQ page serves an entirely different brand's Philippines and PAGCOR material, complete with a 21-plus age statement that contradicts the 18 stated in the terms (Razed FAQ page). Individually, sloppiness. Collectively, on the pages that define what a player is owed, a governance problem.

Conduct on the record

Two security events are documented for 2026. The site went dark at the end of May, reportedly following a hack, with a team account calling the shutdown precautionary and asserting that player funds were secure; it returned on 3 June 2026 and payouts resumed.

The attack route, any loss and whether balances were touched remain unknown, and no statement exists on the operator's own site (FairGambling). Then on 27 July 2026 a VIP host sent one email with 183 VIP customers visible to each other in the copy field, exposing the addresses and usernames of precisely the highest-value cohort.

One reply on X was the only acknowledgement, and it has not been said publicly whether those customers or any data protection authority were told (FairGambling).

No regulator has said it is looking at either event, and no testing laboratory or game certificate is named anywhere; the casino page's talk of provable fairness is the operator's own wording rather than certification (Razed casino lobby).

What recourse you have

Internal escalation, then mediation, then arbitration in Anjouan under Anjouan law, within one year of the event (Razed terms and conditions, sections 15, 16 and 18). That is the whole list. Set against a licence register that has never recorded a sanction, the practical position is that the operator adjudicates its own disputes.

If that is acceptable to you, verify early, keep the balance small and withdraw often. If it is not, the answer to the question in this page's title is that the brand is licensed but unpoliced, and those are different things.