I worked on enough of the DE 128x32 DMD games to say 4.8v at the DMD controller board is ok as well as 4.94v on the power supply. Even with that said, at some point, I suggest all the electrolytic capacitors be replaced as they tend to fail after this long period. Caution is needed to remove them as they are difficult to remove.
Is the game booting up? You can see the left 2 red LEDs are lit on the MPU? Game is in attract mode with the controlled insert lamps cycling?
If not, test these 2 fuses to be sure they are not blown.
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