In this paper, bifurcation analysis of a three-dimensional discrete game model is provided. Possible codimension-one (codim-1) and codimension-two (codim-2) bifurcations of this model and its iterations are investigated under variation of one and two parameters, respectively. For each bifurcation, normal form coefficients are calculated through reduction of the system to the associated center manifold. The bifurcations detected in this paper include transcritical, fold, flip (period-doubling), Neimark–Sacker, period-doubling Neimark–Sacker, resonance 1:2, resonance 1:3, resonance 1:4 and fold-flip bifurcations. Moreover, we depict bifurcation diagrams corresponding to each bifurcation with the aid of numerical continuation method. These bifurcation curves not only confirm our analytical results, but also reveal a richer dynamics of the model especially in the higher iterations.