magnex.world Declared Unsafe After LCB Probe

On March 2, 2026, we at LCB completed a detailed inspection of magnex.world, a domain registered on January 19, 2026. After examining its licensing claims, ownership statements, technical setup, and operational model, we classified the platform as unsafe and assigned it a high-risk rating. Our recommendation is clear: players should avoid this casino.

The site presents itself as a licensed operator and displays references to both the Curaçao Gaming Authority and the UK Gambling Commission. However, our verification found no valid license under its name with either regulator. The information shown across the website does not match official records, and several inconsistencies raise serious concerns about transparency.

Conflicting License Claims and Ownership Details

The website footer states:

"magnex.world 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 its Licenses and Security page, the casino lists a Curaçao Gaming Authority license number OGL/2024/590/0758 and names TechSolutions Group N.V. as the operator.

The Terms and Conditions section tells a different story. It states:

"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."

These statements create confusion. The license number OGL/2024/1451/0918 belongs to Medium Rare N.V., and official records show that it expired on December 9, 2025. Meanwhile, license OGL/2024/590/0758 is registered to TechSolutions Group N.V., yet magnex.world is not part of that company’s portfolio.

TechSolutions Group N.V. operates established brands such as 22Bet, 20BET, National Casino, and Bizzo Casino. We found no link between magnex.world and those operations. The site’s representation of ownership does not align with verified corporate information.

Fake Game Providers and Technical Red Flags

Beyond licensing concerns, we identified manipulated game content. Our technical checks confirmed that the platform uses unauthorized or fake versions of titles associated with several well-known game suppliers.

These include Pragmatic Play, Hacksaw Gaming, BGaming, Evoplay, 1Win, and Mirror Image Gaming.

Pragmatic Play

Hacksaw Gaming

BGaming

Evoplay

1Win

Mirror Image Gaming

Our findings show manipulated JavaScript files, mismatched game sources, and no connection to official provider servers. These discrepancies strongly suggest that the games displayed on magnex.world are not authentic distributions from the named studios.

We also reviewed a document published on the website claiming an active license issued on April 14, 2025. While the license number cited is registered to TechSolutions Group N.V., magnex.world itself does not hold that authorization. The site further claims oversight by the UK Gambling Commission, yet no such license exists in official UK records.

Questionable Verification and Affiliate Promises

Another troubling feature appears in the account verification process. Under the Verification tab, users encounter a four-step procedure. After entering personal details and waiting for a status message, the final step states:

"A simplified online verification procedure that requires you to make a deposit of $200 or more. Once the deposit is credited to your balance, verification will be completed."

Requiring a deposit to finalize verification does not match standard KYC and AML practices used by licensed operators. Legitimate casinos request identification documents such as government-issued ID and proof of address. They do not make deposits a condition for completing identity checks.

The site also advertises what it calls the “Magnex Affiliate Program,” promising guaranteed payments of $10 per registered player and ongoing earnings of 0.001% of all bets. We found no independent confirmation of a legitimate affiliate platform tied to a licensed operator. No regulatory disclosures or credible third-party references support these claims.

In addition, the casino displays a feed of recent bets and winnings that show unusually high wagers and frequent large payouts. The pattern appears repetitive and raises doubts about whether the activity reflects real users.

Familiar Scam Pattern

The structure of magnex.world follows a pattern we have seen before. A player signs up, often receives a no-deposit bonus, and wins what looks like a substantial amount. When attempting to withdraw, the casino blocks the payout and demands a “verification deposit.” Funds remain locked, and the site later disappears, only to reappear under a new name.

After reviewing all available information, we concluded that magnex.world operates without a valid gambling license, misrepresents regulatory credentials, and offers non-authentic games. The financial risk to players is high. We strongly advise readers to stay away from this platform.

If you notice a casino that acts like this one, let us know, and we’ll have it examined for you. Gamble responsibly!