Sure, there have been plenty of video games turned into Hollywood lacklusters, such as Doom [1], Final Fantasy [2], Mortal Combat [3] and Super Mario Brothers [4]. But those will pale in comparison to Minesweeper: The Movie [5] (link via kisrael.com [6]).
[1] http://www.imdb.com/title/tt0419706/
[2] http://www.imdb.com/title/tt0173840/
[3] http://www.imdb.com/title/tt0113855/
[4] http://www.imdb.com/title/tt0108255/
[5] http://www.destructoid.com/minesweeper-the-movie-37770.phtml