Critical reception for the film was mixed to positive.
Twitch Film praised the film, writing that director Sono's "grunge fantasy of New York is built up from impressions of the city through early Scorsese pictures makes no bones of its wish-fulfillment intent."
Asia Pacific Arts called
Hazard a "gritty, bilingual (even bipolar) film".
Film Threat also praised the film, writing that even with director Sono not liking the film and with his feeling it was the least of his works, the reviewer felt the film was a "brilliant" and "extremely well made romp through the criminal NYC underworld." However,
Japan Times overall panned the film, saying that the movie "trades on tired cliches of American (or rather pre-
Giuliani New York) criminality and racism, while betraying attitudes close to those it is ostensibly condemning". ==Release==