Here's a follow up image from my first post on this Bally 1978 Playboy machine. I've opened the backbox and the mpu looks like this (mainly corrosion on bottom). The light blinks
CKBLY-MPU - Connector rebuild kit for wiring harness and board headers on all Bally and SEI Stern boards
Big Daddy - Boards
Ultimate MPU, Solenoid, LED/Lamp Driver & Test card | AlltekSystems