POWERHOUSE TECHNOLOGIES INC /DE
S-4/A, EX-99.4, 2000-12-05
CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS)
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                                                                    EXHIBIT 99.4

                                 ANCHOR GAMING
                               OFFER TO EXCHANGE

                         ANY AND ALL OF ITS OUTSTANDING
                   9 7/8% SENIOR SUBORDINATED NOTES DUE 2008
           FOR ITS 9 7/8% SERIES A SENIOR SUBORDINATED NOTED DUE 2008

TO OUR CLIENTS:

    Enclosed for your consideration is a Prospectus, dated            , 2000
(the "Prospectus"), and the related Letter of Transmittal (the "Letter of
Transmittal"), relating to the offer (the "Exchange Offer") of Anchor Gaming
(the "Company") to exchange a principal amount of its 9 7/8% Series A Senior
Subordinated Notes due 2008 (the "New Notes"), which exchange has been
registered under the Securities Act of 1933, as amended, pursuant to a
registration statement of which the Prospectus is part, for an equal principal
amount of its outstanding 9 7/8% Senior Subordinated Notes due 2008 (the "Old
Notes") of which $250 million in aggregate principal amount are outstanding as
of the date hereof, upon the terms and subject to the conditions described in
the Prospectus and the Letter of Transmittal. The Exchange Offer is being made
in order to satisfy certain obligations of the Company contained in the
Registration Rights Agreement dated as of October 17, 2000 (the "Registration
Rights Agreement"), by and among the Company, as the issuer, the Guarantors
listed on Schedule A of the Registration Rights Agreement (the "Guarantors") and
Banc of America Securities LLC, as representative (in such capacity, the
"Representative") for the Initial Purchasers listed in schedule B of the
Registration Rights Agreement (the "Initial Purchasers").

    This material is being forwarded to you as the beneficial owner of the Old
Notes carried by us in your account but not registered in your name. A tender of
such Old Notes may only be made by us as the holder of record and pursuant to
your instructions.

    Accordingly, we request instructions as to whether you wish us to tender on
your behalf the Old Notes held by us for your account, pursuant to the terms and
conditions set forth in the enclosed Prospectus and Letter of Transmittal.

    Your instructions should be forwarded to us as promptly as possible in order
to permit us to tender the Old Notes on your behalf in accordance with the
provisions of the Exchange Offer. The Exchange Offer will expire at 5:00 p.m.,
New York City time, on            , 2000, unless extended by the Company. Any
Old Notes tendered pursuant to the Exchange Offer may be withdrawn at any time
before the Expiration Date.

    Your attention is directed to the following:

    1.  The Exchange Offer is for any and all Old Notes.

    2.  The Exchange Offer is subject to certain conditions set forth in the
Prospectus in the section captioned "The Exchange Offer."

    3.  Any transfer taxes incident to the transfer of Old Notes from the holder
to the Company will be paid by the Company, except as otherwise provided in the
Instructions in the Letter of Transmittal.

    4.  The Exchange Offer expires at 5:00 p.m., New York City time, on
           , 2000, unless extended by the Company.

    If you wish to have us tender your Old Notes, please so instruct us by
completing, executing and returning to us the instruction form on the back of
this letter. THE LETTER OF TRANSMITTAL IS FURNISHED TO YOU FOR INFORMATION ONLY
AND MAY NOT BE USED DIRECTLY BY YOU TO TENDER OLD NOTES.

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<PAGE>
                          INSTRUCTIONS WITH RESPECT TO
                               THE EXCHANGE OFFER

    The undersigned acknowledge(s) receipt of your letter and the enclosed
material referred to therein relating to the Exchange Offer made by Anchor
Gaming with respect to its Old Notes.

    This will instruct you to tender the Old Notes held by you for the account
of the undersigned, upon and subject to the terms and conditions set forth in
the Prospectus and the related Letter of Transmittal.

    Please tender the Old Notes held by you for my account as indicated below:

                   9 7/8% SENIOR SUBORDINATED NOTES DUE 2008

/ /  Please do not tender any Old Notes held by you for my account.

Dated:            , 2000

                    AGGREGATE PRINCIPAL AMOUNT OF OLD NOTES

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                                  Signature(s)

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                           Please print name(s) here

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                                  Address(es)

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                         Area Code and Telephone Number

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                  Tax Identification or Social Security No(s).

    None of the Old Notes held by us for your account will be tendered unless we
receive written instructions from you to do so. Unless a specific contrary
instruction is given in the space provided, your signature(s) hereon will
constitute an instruction to us to tender all the Old Notes held by us for your
account.

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