Quoted from Dillonsdaddy:I'm reticent to tackle the gouge mark above the left flipper here in this pic as it is adjacent to paint I'd like not to disturb.
Yep, that's a tough one.
If it were on my bench, I'd scan the entire area.
Mask off the paint and using a detail sander, take it down to wood, including removing the "Kings & Queens" lettering on the wood (too hard to possibly sand around that intricate lettering).
Match the shellac, allow to dry, and then re-decal the "Kings & Queens" lettering with black waterslide decal.