CASINO NAME: magnex.life
DOMAIN: https://magnex.life/ (Registered On: 06.03.2026)
INVESTIGATION DATE: 13 March 2026
CHECKED BY: LCB.org
CASINO STATUS: ❌ UNSAFE / SCAM
RISK LEVEL: 🔴 High
RECOMMENDATION: ❌ Avoid this casino
This casino is unsafe and should be avoided. It operates without a valid license and uses fake game providers.
KEY FACTS
- Legit status: ❌ Not legit
- License valid: ❌ No
- GCB/UKGC licensed: ❌ No
- Fake games detected: ✅ Yes
- Overall risk: 🔴 High
LICENSE VERIFICATION
🧾 License Check Results
What the casino claims:
• Curaçao Gaming Authority
• UKGC (UK Gambling Commission)
What we found:
❌ Casino does NOT hold a valid Curaçao Gaming Authority license
❌ Casino does NOT hold a UK Gambling Commission license
❌ This casino website misrepresents its licensing status, providing false and misleading information and creating potential risks for players.
🚨 License Misuse Detected
The website lists two different license numbers and two different owners: TechSolutions Group N.V., referenced in the website footer and on the License and Security page (license number: OGL/2024/590/0758), and Medium Rare N.V. named in the casino’s Terms and Conditions (license number: OGL/2024/1451/0918).
"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."
Licenses and Security Page
On the Licenses and Security page, the following information is provided:
• Curaçao Gaming Authority license number: OGL/2024/590/0758
• Claimed operator: TechSolutions Group N.V
Terms and Conditions Page
The Terms and Conditions page presents conflicting information, stating:
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.
The following issues arise from this statement:
• License number OGL/2024/1451/0918 is officially registered to Medium Rare N.V.
• According to the Curaçao Gaming Authority’s official records, license OGL/2024/1451/0918 expired on December 9, 2025.
Additional Regulatory Status
• The casino does not hold a license from the UK Gambling Commission.
➡️ Conclusion: The information presented across magnex.life's website demonstrates clear misuse and misrepresentation of licensing details. Multiple entities are inconsistently identified as the operator, and license numbers are either revoked, expired, or attributed to companies that are not the actual operators.
🚨 Alleged Company Ownership
TechSolutions Group N.V.
TechSolutions Group N.V. is an iGaming and sports betting company based in Willemstad, Curaçao, operating several premium online brands. Its portfolio includes:
- 22Bet – A global sports betting platform known for a wide market range, fast payouts, and strong rewards.
- 20BET – An innovative sportsbook focused on delivering high-level service worldwide.
- National Casino – An online casino offering premium gaming experiences.
- Bizzo Casino – A casino brand focused on delivering an optimized player experience.
The website magnex.life falsely presents itself as owned and operated by TechSolutions Group N.V. There is no evidence indicating that it is part of or affiliated with TechSolutions Group N.V.
🚨Company Ownership Inconsistencies
magnex.life falsely claims ownership and operation by TechSolutions Group N.V. and Medium Rare N.V. There is no affiliation, partnership, or connection between magnex.life and TechSolutions Group N.V. or Medium Rare N.V. Any such representation is inaccurate and misleading.
🚨 Casino Affiliate Program Assessment
Based on the available public information, there is no verifiable evidence that a legitimate iGaming or crypto casino affiliate program operated under the name “Magnex Affiliate Program” currently exists. The claims describing a Magnex Affiliate Program — including guaranteed payments of $10 per registered player, ongoing earnings of 0.001% of all bets, and references to transparent accounting and fast payouts — cannot be substantiated through reliable or industry-recognized sources.
No official affiliate platform, licensing information, regulatory disclosures, or reputable third-party references were identified that would confirm the authenticity of these claims. Additionally, the associated domain and email address lack a demonstrable connection to a licensed casino operator or established iGaming affiliate network.
Given the absence of verifiable documentation and public confirmation, the statements reviewed should be treated as unverified marketing content rather than evidence of a legitimate affiliate program. Engagement with such an offering would therefore present elevated risk, and any potential partnership should be preceded by thorough due diligence, including confirmation of licensing, legal compliance, ownership transparency, and payout reliability.
➡️ Conclusion: There is insufficient evidence to support the claim that the Magnex Affiliate Program is a genuine or established participant in the crypto casino or iGaming affiliate market.
🚨 Alleged Account Verification Process
The alleged player account verification process on magnex.life represents a key scam pattern commonly used by fraudulent “casinos” to deceive players. When accessing their profile under the Verification tab, players are presented with a four-step process that is portrayed as a legitimate account verification procedure.
Step 1: Start Verification
The process begins by clicking the “Verify Now” button.
Step 2: Data Input
The player is asked to enter basic personal details, including 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 so-called “verification” process is entirely illegitimate. Requiring a deposit to complete account verification is a well-known scam tactic and does not exist at licensed casinos that follow proper KYC (Know Your Customer) and AML regulations. Legitimate operators verify players through identity documents (ID, proof of address, payment verification), not by demanding additional deposits.
Note:
At legitimate online casinos, when a newly registered player claims a no-deposit bonus and successfully meets the wagering requirements, any winnings within the permitted maximum withdrawal limit may be withdrawn. In addition to standard document verification, casinos may in some cases request a verification deposit.
This verification deposit, usually equal to the casino’s minimum deposit amount, is requested solely for security and payment method verification. Importantly, the deposit is fully returned to the player together with the withdrawn winnings from the no-deposit bonus.
Unlike scam operations, legitimate casinos never require a deposit as a condition to “complete” account verification.
For further insight into how identity verification is properly conducted at legitimate online casinos, please refer to our detailed KYC guide.
🚨 Misleading News Articles and False Regulatory Claims
All articles published on the website’s news page contain false or misleading claims. They appear to be written with the intent to deceive players and create the impression that the website is a legitimate and regulated casino operator.
For example, one of the articles titled "Magnex Added to List of Approved Gambling Operators in Brazil” is misleading.
- A review of the official government list of authorized betting operators in Brazil shows that the domain magnex.life not listed as an approved operator.
- In Brazil, legal online betting operators must obtain authorization from the Ministry of Finance and typically operate under the “.bet.br” domain structure assigned to licensed operators.
Another misleading example is the news article titled “Why Magnex Is the Best Crypto Casino in 2025.”
- In this article, the website displays the logo of the SiGMA Awards Europe in order to suggest that magnex.life won the Best Crypto Casino 2025 award.
- However, this claim is false and misleading. magnex.life has never received this award.
- According to the official results of the SiGMA Awards 2025, the Best Crypto Casino 2025 award was actually won by BC.GAME.
- This indicates that the article is intentionally using the SiGMA Awards branding to create a false impression of recognition and credibility, which may mislead players into believing that the casino has received a legitimate industry award.
The same applies to the news article titled “Magnex Expands to Italy: A Bold Step into New Horizons.”
- The article suggests that magnex.life has expanded its operations into the Italian market. However, after reviewing the official register of licensed operators maintained by the Agenzia delle Dogane e dei Monopoli (ADM), magnex.life is not listed as an authorized or licensed gambling operator in Italy.
- This indicates that the claim made in the article is false and misleading, as any operator legally offering online gambling services in Italy must hold a valid license issued by the Agenzia delle Dogane e dei Monopoli.
➡️ Conclusion: The review of all articles published on the website’s news page shows a consistent pattern of false and misleading claims. These articles appear to be intentionally created to give the website an appearance of legitimacy and credibility, potentially misleading players into believing that the platform is a recognized and trustworthy online casino
📝 Fabricated Player Reviews and False Testimonials
On the website’s Feedback page, only positive 5-star reviews are displayed. Some of these reviews claim to be from players who have been members since 2017, despite the fact that the magnex.life domain was registered only recently, on 06 March 2026.
This discrepancy indicates that the reviews are likely fabricated to create a false impression of long-term player activity and trust.
GAME PROVIDERS AUTHENTICITY CHECK
🎰 Fake Games Detected
Our investigation confirmed that this casino uses fake or unauthorized versions of games from the following providers:
❌ Pragmatic Play
❌ Hacksaw Gaming
❌ BGaming
❌ Evoplay
❌ 1Win
❌ Mirror Image Gaming
🔍 Technical evidence includes:
• Manipulated JavaScript files
• No official provider servers
• Game source mismatch
TECHNICAL EVIDENCE
🕵️ Evidence Overview
Evidence #1: Fake Pragmatic Play game source
Evidence #2: Fake Hacksaw Gaming game source
Evidence #3: Fake BGAMING game source
Evidence #4: Fake Evoplay game source
Evidence #5: Fake 1Win game source
Evidence #6: Fake Mirror Image Gaming game source
Evidence #6: License document inconsistencies
They have this on their website: Curaçao Gaming Authority and UKGC:
The document published on the magnex.life website lists TechSolutions Group N.V., (company registration number 144920) as the license holder and references license number OGL/2024/590/0758, stating that the license was issued on 14.04.2025 and that its current status is ACTIVE.
Official records of the Curaçao Gaming Authority confirm that license number OGL/2024/590/0758 is registered to TechSolutions Group N.V.
magnex.life falsely claims ownership and operation by TechSolutions Group N.V. There is no affiliation, partnership, or connection between magnex.life and TechSolutions Group N.V. TechSolutions Group N.V. is an iGaming and sports betting company that operates the casino brands 22Bet, 20BET, National Casino, and Bizzo Casino.
Website Footer Statement
"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."
The magnex.life Casino Terms and Conditions state:
"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."
According to the official Curaçao Gaming Authority (CGA) website, license number OGL/2024/1451/0918 belongs to a different company, Medium Rare N.V. (company registration number 145353). The license was issued on June 9, 2025, and expired on December 9, 2025.
Despite their claims, magnex.life does not hold a UK Gambling Commission license. The information provided on their website is misleading, as they are not authorized or regulated by the UK Gambling Commission.
Evidence #7: Unrealistic displayed bets and winnings on their website
The casino platform displays a list of recent bets and winnings attributed to alleged players. The amounts shown include unusually high bet values and frequent large winnings, which appear inconsistent with realistic player behavior and standard gambling patterns.
The displayed data suggests the presence of non-genuine or simulated betting activity. The consistency, frequency, and scale of the listed bets and payouts raise reasonable doubts as to whether these figures represent actual wagers placed by real users.
Such representations may create a misleading impression of high profitability and player success, potentially influencing user perception and decision-making.
Evidence #8: Alleged Casino Affiliate Program
Based on the available public information, there is no verifiable evidence that a legitimate iGaming or crypto casino affiliate program operated under the name “Magnex Affiliate Program" currently exists. No official affiliate platform or reputable third-party references were identified to confirm the authenticity of these claims. Given the absence of verifiable documentation and public confirmation, the statements reviewed should be treated as unverified marketing content rather than evidence of a legitimate affiliate program.
Evidence #8: Alleged Account Verification Process
Step 1: Start Verification
Step 2: Data Input
Step 3: Data Checking
Step 4: Verification Complete
This so-called “verification” process is completely illegitimate. Requiring a deposit to complete account verification is a well-known scam tactic and is never used by licensed casinos that comply with KYC (Know Your Customer) and AML regulations. Legitimate operators verify players using identity documents—such as government-issued ID, proof of address, and payment method verification, etc. —without requesting any additional deposits.
Evidence #8: Fabricated Player Reviews and False Testimonials
The Feedback page shows only 5-star reviews, some claiming membership since 2017, even though the magnex.life domain was registered on 06 March 2026.
Evidence #9: Misleading News Articles and False Regulatory Claims
The following screenshots confirm that magnex.life is not listed as an approved gambling operator in Brazil on the official government register, and that it did not win the Best Crypto Casino 2025 award, according to the official results published on the SiGMA Awards 2025 website.
SCAM OPERATION PATTERN
The overall design of the magnex.life Casino website, along with its content across all pages, matches scam patterns well known to the LCB team. It is practically the same scam pattern, just on a different, new domain.
Our Casino Warnings & Rogue Reports and LCB Casino Check pages provide players with the latest warnings and fraud reports, including information on casinos that follow the same design and scam patterns as magnex.life.
⚠️ How This Casino Scam Works
- The casino requires a high deposit to complete its so-called account verification process, or
- Casino offers no-deposit bonuses
- Player wins what appears to be large amounts
- Withdrawal is blocked with a request for a “verification deposit.”
- Funds are never released
- Casino later shuts down the domain and reappears under a new name
➡️ This is a known scam pattern.
FINAL VERDICT
❌ Final Verdict
magnex.life operates without a valid gambling license, features fake game providers, and misleads players with false regulatory claims. Depositing money on this platform carries a high financial risk. Players are strongly advised to avoid this casino.
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