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Video poker operator fined, sent to prison

Posted June 13, 2008

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— The owner of one of North Carolina's largest video poker vendors has been sentenced to prison for money laundering, authorities said Friday.

Michael Waguespack, 39, of Hope Mills, was sentenced to five months in prison and five months under house arrest. He also was ordered to pay $4,000 in fines and civil settlements of more than $1 million with the federal government and $230,000 with Cumberland County.

Waguespack's company, FunTime Amusements, was raided by federal and Cumberland County investigators two years ago. Agents seized 100 machines and more than $1 million and arrested seven people.

At the time, state law prohibited cash payouts from the machines and limited the number of machines a business could operate.

Video poker became illegal in North Carolina last July.

Federal authorities said FunTime machines were used for illegal gambling and that Waguespack used his business to launder the illicit proceeds.


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  • diver Jun 19, 2008

    This is the dumbest waste of tax payer money I have ever seen!!!!!!

  • parr4246 Jun 13, 2008

    Tax Man...........yes the Cherokee Indians have video poker machines, so you don't even have to leave the state, just take a drive up to the Cherokee Casino.......!!!!

  • cool_rocker999 Jun 13, 2008

    Instead of cracking down on video poker, they need to concentrate on real problems like crack houses, meth labs and gang violence. What a waste of tax payers money but then again, what choice do we have.

  • miketroll3572 Jun 13, 2008

    Good posts greg and tax....right on the money.

  • gregfuller Jun 13, 2008


  • Tax Man Jun 13, 2008

    Guess it is ok for the government to run gambling (lottery) but not for a citizen to compete. They should have allowed these machines to be legal in NC - guess the state does not like competition. What about the Indians - can they have legal video poker? Shame I have to take my money to New Jersey to spend on Video Poker.