LCB Casino Check: Magnex.life Scam Warning

At LCB, part of the work done through our Casino Check and Rogue Reports is carefully reviewing online casinos that appear on the market and verifying whether they operate legitimately. Our latest investigation focused on the website magnex.life, which we examined in detail on March 13, 2026.

The domain magnex.life was registered on March 6, 2026. After conducting a full verification and technical review, anyone considering playing here should think twice, as our review uncovered serious problems with the platform.

Our findings show that the casino operates without a valid gambling license and displays games that appear to come from well-known providers but are actually fake or unauthorized versions. Based on this evidence, we strongly recommend avoiding this casino.

License Verification

During the review, we examined the licensing information presented on the magnex.life website.

The casino claims to operate under licenses from the Curaçao Gaming Authority and the UK Gambling Commission.

However, our verification showed that the casino:

• Does not hold a valid Curaçao Gaming Authority license.
• Does not hold a UK Gambling Commission license.

The website presents licensing information that is false and misleading, creating potential risks for players who may believe the platform is regulated.

License Misuse Detected

The website lists two different license numbers and two different operators.

One entity referenced on the website footer and the License and Security page is TechSolutions Group N.V., associated with license number OGL/2024/590/0758, stating that the license was issued on April 14, 2025 and currently active.

Official records of the Curaçao Gaming Authority confirm that license number OGL/2024/590/0758 is registered to TechSolutions Group N.V.

Another entity mentioned in the Terms and Conditions is Medium Rare N.V., connected to license number OGL/2024/1451/0918.

The website footer states:

“magnex.life is owned and operated by TechSolutions Group N.V., registration number: 144920, registered address: Abraham Mendez Chumaceiro Boulevard 50, Willemstad, Curaçao. Payment agent company is TechSolutions (CY) Group Limited with address Parthenonos 5, PARNERA GARDENS 11, Flat 103, Strovolos, 2020 Nicosia, Cyprus and Registration number: HE 377018.”

On the Licenses and Security page, the casino again lists the Curaçao Gaming Authority license number OGL/2024/590/0758 and names TechSolutions Group N.V. as the operator.

However, the Terms and Conditions page provides different information:

“Medium Rare N.V. has an application (OGL/2024/1451/0918) for a gaming license in progress with the Curaçao Gaming Authority. Until that process is concluded, based on a transitional arrangement outlined in the National Ordinance on Games of Chance (Landsverordening op de Kansspelen, P.B. 2024, no. 157), the company is permitted to continue its operations under this Certificate of Operation.”

Our review identified several problems with this claim.

License number OGL/2024/1451/0918 is officially registered to Medium Rare N.V. According to official Curaçao Gaming Authority records, that license expired on December 9, 2025.

Additionally, the casino does not hold a license from the UK Gambling Commission.

The licensing information across the website is inconsistent and misleading. Different companies are presented as operators, and license numbers are either expired or belong to entities that are not actually operating the platform.

Alleged Company Ownership

The website claims that magnex.life is owned and operated by TechSolutions Group N.V., an iGaming and sports betting company based in Willemstad, Curaçao.

TechSolutions Group N.V. operates several online brands, including:

22Bet – a global sports betting platform
20BET – an international sportsbook
National Casino – an online casino brand
Bizzo Casino – a casino focused on optimized player experience

Our investigation found no evidence that magnex.life is connected to TechSolutions Group N.V. or part of its portfolio.

The site also references Medium Rare N.V. as an operator, yet no affiliation or partnership exists between magnex.life and either of these companies.

These ownership claims are therefore inaccurate and misleading.

Affiliate Program Claims

The website promotes something called the Magnex Affiliate Program.

According to the claims, affiliates could receive:

• $10 per registered player
• 0.001% of all bets as ongoing earnings
• transparent accounting
• fast payouts

However, we found no evidence that a legitimate iGaming or crypto casino affiliate program with this name actually exists.

There is no official affiliate platform, licensing information, regulatory disclosure, or credible industry reference confirming the authenticity of these claims. The domain and associated email also show no connection to a licensed casino operator or established affiliate network.

Because there is no verifiable documentation supporting these statements, they should be treated as unverified marketing claims rather than evidence of a legitimate affiliate program.

Suspicious Account Verification Process

Another major issue identified during our investigation involves the account verification process shown to players.

Under the Verification tab, users are presented with a four-step procedure.

Step 1: Start Verification
Players are instructed to click the “Verify Now” button.

Step 2: Data Input
Players are asked to enter personal information such as full name, country of residence, and date of birth.

Step 3: Data Checking
The platform displays the following message:

“We check your details for verification. It will take no more than 5 minutes. You can follow the verification status on this page.”

Step 4: Verification Complete
At this stage, the site states:

“A simplified online verification procedure that requires you to make a deposit of $150 or more. Once the deposit is credited to your balance, verification will be completed.”

This process is illegitimate. Requiring a deposit to complete verification is a known scam tactic and is not used by licensed casinos that follow proper KYC and AML regulations.

Legitimate operators verify players through identity documents such as ID, proof of address, and payment verification.

In some cases, when players withdraw winnings from a no-deposit bonus, a casino may request a verification deposit equal to the minimum deposit amount. This deposit is used solely to verify the payment method and is returned to the player together with the withdrawn winnings.

Legitimate casinos never require deposits as a condition to complete verification.

Misleading News Articles

All articles on the website’s news page contain misleading or false claims designed to present the platform as legitimate.

One article titled “Magnex Added to List of Approved Gambling Operators in Brazil” suggests that the casino is authorized in Brazil.

A review of the official Brazilian government list of authorized operators shows that magnex.life is not included. Licensed operators in Brazil must obtain authorization from the Ministry of Finance and usually operate under the “.bet.br” domain structure.

Another article titled “Why Magnex Is the Best Crypto Casino in 2025” displays the SiGMA Awards Europe logo and suggests that magnex.life won the Best Crypto Casino 2025 award.

This claim is false. According to the official SiGMA Awards 2025 results, the Best Crypto Casino 2025 award was won by BC.GAME.

The website also publishes an article titled “Magnex Expands to Italy: A Bold Step into New Horizons.”

However, a review of the official register maintained by the Agenzia delle Dogane e dei Monopoli shows that magnex.life is not listed as a licensed operator in Italy.

Fake Player Reviews

The Feedback page shows only five-star reviews.

Some testimonials claim that users have been members since 2017. This is impossible, since the magnex.life domain was registered only on March 6, 2026.

This discrepancy strongly suggests that the reviews were fabricated to create the appearance of long-term player trust.

Fake Game Providers Detected

Our technical investigation confirmed that the casino displays fake or unauthorized versions of games from several providers.

These include:

Pragmatic Play

Hacksaw Gaming

BGaming

Evoplay

1Win

Mirror Image Gaming

Technical analysis revealed manipulated JavaScript files, no connections to official provider servers, and mismatched game sources.

Additional Evidence

The platform also displays a list of recent bets and winnings attributed to players.

These entries show unusually large bets and frequent high payouts that do not match realistic gambling behavior. The pattern suggests simulated betting activity rather than genuine wagers.

This type of display can create the impression that players regularly win large amounts, potentially influencing new users to deposit money.

Scam Operation Pattern

The overall design and content of the magnex.life website match scam patterns previously identified by the LCB team.

These operations often follow the same pattern but appear under different domain names.

Typically, the scheme works as follows:

• The casino advertises bonuses or requires a verification deposit.
• Players win what appear to be large amounts.
• Withdrawals are blocked and players are asked for a “verification deposit.”
• Funds are never released.
• The website later disappears and reappears under a new domain name.

This pattern has been documented in multiple casino warning reports.

Final Verdict

After completing our investigation, we concluded that magnex.life operates without a valid gambling license, displays fake games, and misleads players through false regulatory claims and fabricated content.

Depositing money on this platform carries a high financial risk.

Players are strongly advised to avoid this casino.