s2000 Pull handle leakage

[flux2]

Purchased this yesterday at a garage sale. Got it home to test and clean up and found this red sticky goo leaking from the pull handle. Any Ideas on what this is from? Maybe I need a new part for it?

[sixcardmark]

You will find that on most of them.  Don't worry about it.

[RB]

It's the bump pad from the pull handle mechanism. They tend to deteriorate with time. Exposure to extreme heat doesn't help either. Wish they were made of a less porous material. I've never seen new ones offered. I usually end up replacing the mech itself with one from another machine & that's a roll of the dice. The handle mech should still operate but will lack a positive ratcheting action.

[flux2]

Thanks so much for the replies, it helps a lot . I thought it was bleeding! Haha
 I've only worked on the japanese pachislo machines, so these are new to me. All good info and much appreciated.