Rizk Casino Review NZ - NZ$1200 + 200 Free spins

Written by Edward Howarth |
Reviewed by Mark Dash
 | 

Rizk is one of the major casino brands in the world. In this review by Edward Howarth, who actually deposited real money to test the casino, we’ll see if Rizk Casino is any good for the Kiwi player. Is this brand worth the hype? Is Captain Rizk on your side or not? Let’s find out.

Launched at the tail-end of 2015, Rizk Casino has gained a lot of prominence mostly because of TV ads that are second to none, and has established itself as the go-to mainstream casino. In 2018, Kevin Dillon of Entourage fame did a few commercials for NZ TV. In 2024, everyone in New Zealand knows this brand.

Rizk has two welcome bonuses for you – one for slots and the other for live casino – and you must choose one. I recommend the live casino bonus up to $3,500 with a 15x wagering requirement, though the actual wagering requirement is from 30x to 100x (see below). The slots offer is a 100% bonus up to $1,200 with a 35x wagering requirement, plus 200 free spins. No bonus code is needed – you’ll be given a choice between the two bonuses when you’ll be making your first deposit.

Rizk Casino

100% up to NZ$1200 + 200 Free spins

Free spins on: Wacky Panda

  • Amazing table game / live casino bonus!
  • Lots of pokie tourneys
  • Reputable licenced company
  • Serious brand; you’ll get paid
  • Fast payments, usually the same day
Wagering: x35
Payout time: 0-5 days
Deposit options: Visa, Mastercard, Paysafecard, Apple Pay, Skrill, Neteller, Payz
Payout options: Visa, Skrill, Neteller, bank transfer
Paying rate: 96%
Providers:
1x2 Gaming, Aurum Signature Studios, Barcrest, Big Time Gaming, Blueprint Gaming, Booming Games, ELK Studios, Endorphina, Evolution, Games Global, Green Tube, Hacksaw Gaming, Indigo Magic, Inspired Gaming, iSoftBet, JustForTheWin, Kalamba Games, Lucksome, Max Win Gaming, Neon Valley Studios, NetEnt, NoLimit City, NYX Gaming, Octoplay, Oros Gaming, Play'n GO, Playtech Origins, Popwins, Pragmatic Play, Push Gaming, Quickspin, Red Tiger Gaming, Relax Gaming, Slingo, Slingshot Studios, Slotmill, Snowborn Games, Stakelogic, Thunderkick, Triple Edge Studios, Wazdan, WMS, Yggdrasil and more.
Game types: Online Poker, Roulette, Baccarat, Craps, Scratch Cards
Pokies games: 5300+
Live games: 100+
Mobile App: Website
Minimum deposit: NZD10
Enstablished: 2016
Licence: Malta Gaming Authority

Rizk Casino Rating

Usability 80/100
Games 60/100
Bonuses 100/100
DashScore 72/100

Rizk Pros and Cons

  • Amazing table game / live casino bonus!
  • Lots of pokie tourneys
  • Reputable licenced company
  • Serious brand; you’ll get paid
  • Fast payments, usually the same day
  • Corporate brand
  • No bank transfer deposits
  • No cryptocurrencies

My Playing Experience at Rizk Casino

Timing: 4 hours
Registration: 2 minutes
KYC: Proof of ID, Proof of address
Support: Fast, corporate, not very useful
Playing time: 4 hours
Deposit and withdrawal: I deposited via Skrill

Registration Process

It’s really simple to register a new account at Rizk. The process is streamlined and you’ll be a member in no time, so click the link and sign up. Enter the correct personal information as you’ll need to verify your identity before you make a withdrawal.

How much I deposited and what bonus I got

I opted for the slots bonus, even though the live casino bonus is better, as I wanted to try out the pokies for you guys. I deposited NZ$30 and got a NZ$30 bonus, plus 40 free spins on Wacky Panda (and I got more of them on subsequent days, after I had already finished playing for real money). I think the free spins are good value if you’re making a small deposit at Rizk, as you’ll get 200 free spins whatever your deposit is.

The games I played and tested

This time around, I’ve decided to stop playing Big Bass Splash all the time and simply let go and try out the games that Captain Rizk recommends. So I went through the entire top ten in the lobby: Big Piggy Bank, Sweet Bonanza 1000, Rizk Bonanza, Amazing Link Zeus, Wisdom of Athena, Pirots 3, Wanted Dead or a Wild, Le Bandit, Assassin Moon, Sugar Rush 1000.

I must be doing something wrong – I am probably playing these pokies the way Big Bass Splash is meant to be played – as I quickly burned through my bonus, and then didn’t manage to get back to NZ$60 that I had, so I panicked, placed larger and larger bets, until eventually I ran out of funds.

The pokies were cold when I was playing them, what can you do. I failed to trigger a single free spins round in those ten pokies. I hope you’ll have better luck than I did.

Welcome Bonuses at Rizk Casino

As you can see in the screenshots, you’re given a choice between two bonuses: one for live casino games and the other for pokies. The live casino bonus is a rare offer, a gem that live casino players will certainly know how to appreciate!

This casino gets a 100/100 rating from me for their bonuses. Let that sink in.

Live Casino Bonus

Deposit $50 or more at Rizk and you’ll get a 100% bonus up to $3,500 with a 15x wagering requirement. There’s a trick, though! The wagering is indeed 15x but the live games contribute either 0.15 or 0.50 to the wagering requirement,depending on the game.

This would mean that the actual wagering would be 100x if you played, for example, Blackjack, or 30x if you played one of the games that contribute 0.50, such as Crazy Time.

It’s still a bonus with a positive EV, as if you got a maximum bonus of NZ$3,500 and played Blackjack that has an RTP of 99.50%, sure, it will be a chore to wager NZ$350,000 but you’re expected to get back NZ$348,250, losing NZ$1,750, which means the bonus has a positive Expected Value (EV) of +NZ$1,7500 (since you got NZ$3,500 in bonuses).

Crazy Time and Sweet Bonanza Candyland are the most popular of the games that have a contribution of 0.50, and your goal here would be to give yourself more bonus funds in an effort to land that 5,000x win that these games are known to pay out.

Here are the full terms and conditions:

  • This promotion is not available for players residing in Sweden, Germany and the United Kingdom.
  • Minimum deposit is $50, deposits via Skrill or Neteller are excluded from this offer.
  • No cap on winnings or withdrawals.
  • The bonus is restricted to the Live Casino.
  • The bonus and respective winnings must be wagered 15x on Live Casino games before the funds can be withdrawn or played on other products.
  • Once the Welcome Bonus has been claimed, your funds will be used in the following order: 1/ Any funds required to trigger the bonus 2/ bonus funds 3/ any remaining funds.
  • You can forfeit your bonus amount and respective winnings at any time and withdraw any remaining balance.
  • If you choose to request the withdrawal of your deposit before you have completed the wagering requirements your bonus amount and respective winnings, those winnings will be forfeited.
  • Please note that different games contribute a different percentage towards the wagering requirements:
  • All Live Casino games: 15% – Except for: Dream Catcher, Crazy Time, Craps, Deal or No Deal, Gonzo’s Treasure Hunt, Lightning Dice, MegaBall, Monopoly, SideBet City, Cash or Crash, BacBo, Sweet Bonanza Candyland, Mega wheel, 50%.
  • The bonus and respective winnings will be forfeited if wagering requirements have not been met within 30 days of the bonus being credited.
  • You can place a maximum bonus bet of $5 per game round when you have the bonus active.
  • Authentic Gaming games are excluded from this offer.

Casino Welcome Bonus

Deposit $10 or more and get a 100% bonus up to $1,200 with a 35x wagering requirement. You also get 200 free spins on Wacky Panda spread over five days, which means you get 40 spins every day.

This is your standard welcome bonus that you can get at any casino. I’d say it’s here just to steer you in the wrong direction, so you pick this bonus instead of that fantastic live bonus!

Rizk Races

Captain Rizk Daily Race starts, well, every day, mate. The prize was NZ$500 plus 200 free spins on Gates of Rizk for the person who wins it, with NZ$250 plus 100 FS for the second place, and so on. The rules are simple – you gain points by playing pokies. Every 250 spins you play your score is recorded and you start over. You must opt-in to join the Rizk Races. And there’s no reason why you wouldn’t want to. Depending on your luck while you play your pokie, you could win big.

Rizk Raffles

When you opt-in you’ll be entered into Daily and Monthly Raffles, and each $50 you wager gives you one raffle ticket. Daily top prize is $150 while the monthly top prize is $750. It doesn’t sound like much in the grand scheme of things, but why not? Simply opt-in and don’t forget to check the results.

Tournaments

I can’t say what tourneys will be on when you visit the site, but these are the ones I saw during my review:

  • $7,200,000 Wazdan Mystery Drop
  • $2,000,000 Kalamba Cash Drop
  • Pragmatic Jackpot Play
  • $1,000,000 Blackjack League by Pragmatic Play
  • $25,400,000 Drops & Wins

So, one thing you should know is that Rizk is big on tournaments. If you’re into pokie tournaments, this is the place for you to be.

Key Bonus Terms & Conditions

The reason why I’ll list the key bonus terms and conditions here is to alert you to the rules that you could breach and therefore give the casino an excuse to confiscate your winnings. Here are the key terms to watch out for. Read all of them on the Rizk website.

  • All casino bonuses have a wagering requirement of 40x unless otherwise stated; bonuses of 200% and above have a wagering requirement of 45x
  • Deposit bonuses expire after 30 days
  • Slots contribute 100%, table games contribute 10%, video poker contributes 0%, live casino games contribute 15% except for:
  • Dream Catcher, Crazy Time, Craps, Deal or No Deal, Gonzo’s Treasure Hunt, Lightning Dice, MegaBall, Monopoly, SideBet City, Cash or Crash, BacBo, Sweet Bonanza Candyland and Mega Wheel contribute 50%
  • The maximum bet while playing through the bonus is $5

Excluded games

There’s a long list of almost 200 games that must not be played if you have an active bonus. The usual high-RTP pokies are on the list: 1492 Uncharted Seas, Blood Suckers, Dead or Alive, Steam Tower, Eggomatic and the like.

Rizk says playing these games with bonus funds is prohibited, which looks to me like an excuse to confiscate your bonus and your winnings and your deposit if you dare to click the Spin button on Blood Suckers even once. Be careful.

Games you can play at Rizk Casino

The pokies at Rizk are a mish mash of all the providers that the management decided to onboard, and that can legally be offered in some jurisdiction. That’s how corporate giants do it. The reason why I’m saying this is that, while the offer is excellent, this isn’t your Kiwi-facing casino where you’ll get to see the top 10 or 20 pokies that people in New Zealand play. No. You get Captain Rizk’s Picks, and the picks are fine, but some of the most popular slots in NZ are missing.

There are some exclusive games such as Rizk Bonanza and Gates of Rizk, obviously by Pragmatic Play. Cool stuff.

The Captain Rizk’s Picks of top pokies looked fine to me, so I went through the trouble of going through each of those pokies to check their respective RTP settings. You can see the results below and they’re not good. It took quite a bit of effort to find a pokie that’s not a sub-94.50% pokie, as Rizk is also guilty of the modern plague of reducing the RTP of slots wherever they can.

It’s just the age we live in, I guess. But while I can understand a small brand that does this, I expected more from a globally known brand with ads on TV. Shame on you, Rizk!

Pokie RTP Test

Pokie Provider RTP at Rizk Maximum RTP setting
Sweet Bonanza 1000 Pragmatic Play 94.51% 96.53%
Big Piggy Bank Inspired Gaming 94.50% 94.50%
Wisdom of Athena Pragmatic Play 94.09% 96.07%
Pirots 3 ELK Studios 94.00% 94.00%
Wanted Dead or a Wild Hacksaw Gaming 94.55% 96.38%
Assassin Moon Triple Edge Studios 94.08% 96.08%
Book of Buffalo Indigo Magic 93.96 – 94.39% 96.28%
Eastern Emeralds Quickspin 96.58% 96.58%
Legacy of Dead Play’n GO 94.51% 96.58%

Pokie providers

I had to go through the trouble of clicking each pokie in the lobby to see what the provider is, so I could compile this list for you. That’s why you won’t find this list on other sites – unless they copied it from DashTickets and Edward!

1×2 Gaming, Aurum Signature Studios, Barcrest, Big Time Gaming, Blueprint Gaming, Booming Games, ELK Studios, Endorphina, Games Global, Green Tube, Hacksaw Gaming, Indigo Magic, Inspired Gaming, iSoftBet, JustForTheWin, Kalamba Games, Lucksome, Max Win Gaming, Neon Valley Studios, NetEnt, NoLimit City, NYX Gaming, Octoplay, Oros Gaming, Play’n GO, Playtech Origins, Popwins, Pragmatic Play, Push Gaming, Quickspin, Red Tiger Gaming, Relax Gaming, Slingo, Slingshot Studios, Slotmill, Snowborn Games, Stakelogic, Thunderkick, Triple Edge Studios, Wazdan, WMS, Yggdrasil and more.

Live Dealer games

Live Casino at Rizk is a bit of a letdown, I must say. You’ll get all the top Evolution and Pragmatic Play games, there’s Authentic roulette too, but if you don’t know what else can be there in a live lobby then you’d be amazed by the games at your disposal at Rizk.

I, for one, know that there can be Playtech games, OnAir Entertainment, lots of smaller providers that have some vibrant games, I know Ezugi and Visionary iGaming have some stunning blackjack games with favourable rules…

In short, this is a very mainstream live dealer casino offer. I won’t complain too much as I told you already there’s a fabulous live casino bonus to claim at Rizk. This is a great live casino, you’ll have a blast, I just happen to miss some of my favourite games.

Payment Methods

Deposit

Visa, Mastercard, Paysafecard, Apple Pay, Skrill, Neteller, Payz

Withdrawal

Visa, Skrill, Neteller, bank transfer

Payment methods are really limited at Rizk. You’ll be surprised such a large casino brand has so few options. PayPal is the most notable absentee, and so are deposits by bank transfer, though withdrawals by bank transfer are a fallback option, with a huge limit up to $200,000 per transaction. If you’re interested in PayPal casinos go to this page.

You’ll be depositing with cards and e-wallets here. And only the few select e-wallets, too: Neteller, Skrill, Payz. Paysafecard is supported but only as a deposit method via vouchers; you can’t withdraw to your Paysafecard account. It’s notable that Apple Pay is supported but Google Pay is not.

Payment method Deposits Withdrawals
Apple Pay $10 – $10,000 n/a
Payz $10 – $5,000 n/a
Neteller $10 – $45,000 $20 – $45,000
Skrill $10 – $45,000 $20 – $10,000
Paysafecard $10 – $200 n/a
Visa $10 – $10,000 $10 – $10,000
Mastercard $10 – $2,500 n/a
Bank transfer n/a $20 – $200,000

Rizk Company Information and Licencing

Rizk is part of the Betsson group, a Scandinavian brand that is known for its hard core approach to business. When Betsson decides something, it is set in stone. This could be closure of your account, confiscation of funds because of a T&C breach, a decision to stop paying a business partner – or all small business partners. I had to get that out of the way – I have enough experience in gambling to develop a personal hatred towards Betsson.

What you, my unsuspecting Kiwi gambler, should know is that Betsson AB, Gaming Innovation Group (GiG) and Rizk casino are big corporate businesses. In 2020, Stockholm-listed Betsson acquired GiG’s B2C assets, including the Rizk, Guts (launched in 2011, Rizk’s spiritual predecessor), Kaboo and Thrills brands, paying an initial €31m (£25.7m/$33.6m), assuming ownership of GiG’s Zecure subsidiary.

Which brings us to Zecure Gaming Limited, the company that carries the Malta and UKGC licences that Rizk operates under. Zecure is incorporated under the laws of Malta with registration number C69036 and registered address at Betsson Experience Centre, Ta’ Xbiex Seafront, Ta’ Xbiex, XBX 1027, Malta. The Malta licence number is MGA/CRP/108/2004-05, issued on 5th May 2020. The UKGC licence number is 056427, issued on 12th February 2020.

For customers residing in Oceania, which is us, the operator of the Rizk website is different – it’s Netplay Malta Limited, registration number C8115, registered address same as above. This company has a different Malta licence, MGA/CRP/108/2004, issued on 1st of August 2020.

Sister Casinos

There are a total of five big casino brands here, under the Zecure umbrella. Rizk, Guts, Thrills, Kaboo and GutsXpress. If you want to expand the story further then you’d also find a chocka full of Betsson brands such as Betsson, Betsafe, Coolbet, LiveRoulette, Nordicbet, Racebets, and so on.

You can also look at MT SecureTrade Limited casinos – the former owner of Rizk – which include brands such as Metal Casino, Omnia Casino, Casino Calzone, and about a dozen more, most of which have ceased operations.

Rizk Complaints and Disputes

If you have a problem with Rizk, good luck. The most likely outcome is that you’ll be told that you breached the T&Cs somehow, you’ll be told exactly how and where, and will get your account closed and money confiscated. Clean cut.

You can raise the complaint with a third-party dispute mediation service or to the MGA. Though I suspect you’ll have to have a lawyer in the family, or be one yourself, to beat these guys.

Customer Support

Customer support is fine, as you’d expect from a big business. Think mobile phone operator level of support. Love it or hate it, that’s exactly what you get. This is a corporate brand. The customer support will use the T&Cs as a weapon against you, with a straight face – same as your mobile operator surely does.

I asked the customer support for a list of pokie providers. After contacting the relevant department, they said I should use the Filter function and that I’ll see all the providers there. Not true. A lousy response. And, they made me go search for providers one by one for the purpose of this review, which I did. Don’t you just love it when customer support makes you do the work?

How other players rate Rizk Casino

Player reputation makes or breaks a casino, doesn’t it? In the case of Rizk, such a known brand, we’d certainly have tons of reviews to check – at least that was my expectation.

But it seems that most players are happily spinning the reels at Rizk and couldn’t be arsed to say anything good or bad about the casino. I saw some instances where accounts were closed or withdrawals blocked, but I failed to find a pattern. And that’s a good thing. I would assume people are getting paid here. If there were significant problems, with this number of customers, the word would have been out by now.

Is Rizk Casino legit or a scam?

Rizk is legit.

However, my personal opinion – if you want it – is that this is just the most successful of the smoke and mirrors casinos that playfully gamify you and generate hype. They give you a cool character, a wheel of rizk, daily slots tournaments – they just forget to tell you all their slots are set to sub 94.50% RTP.

How can I give two thumbs up to a casino that does this? To a Betsson brand of all things? I can’t, and I won’t.

I’ll confidently give one thumb up though. If you only play the pokies that aren’t configurable by the casino (such as Eastern Emeralds by Quickspin at 96.58%), or if you don’t play pokies at all and instead go for live dealer games and that fantastic bonus – then Rizk is an amazing casino.

Edward Howarth

Senior Casino Reviewer 20 years experience With 20-plus years on the casino front line, Edward Howarth blends deep operational insight with academic rigour. After serving as VIP Manager for a multinational casino group, the University of Waikato Social Sciences alumnus turned his focus to player-behaviour research, online wagering and safer-gambling programmes. Edward also holds an ICA Anti-Money-Laundering Diploma (2021) and completed eCOGRA’s Responsible Gambling & Fair Gaming training in 2018. About Edward Howarth | Twitter | AskGamblers Expert on: online casinos responsible gambling gambling fair gaming

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