It's an older 19" game king. It looks like a 350X MPU board, I can't make out the numbers on the white sticker in the photo. The last 4 digits is what's popularly used to identify the MPU type. You could upgrade it to a 3902 and be able to run SIMM based software, but you will have to use touchscreen buttons since you only have a three button deck. I believe it was originally a Video Lottery Terminal setup with slot games and that's why it has a 3 button button deck.
Yes, you should be able to put a TITO board in it, but it won't be without some effort. For one, it doesn't have a ticket printer, so it would be Ticket in hand pay or hopper pay out. Also the bill validator may be an older unit that doesn't support bar codes. If that's the case you'd have to upgrade it too. You'd also have to upgrade your software as it won't support it either. It wouldn't be worth it unless you really really want it. If that was the case I'd look for a 17" GK cabinet that would already have the ticket printer, validator, 3902 board etc.
What is the make and model of the CRT in it now?
I think the first thing I would do is try to remove the varta battery before it destroys that board. It may not be leaking now, but it will. Hopefully you can just remove it and that's it. Then I'd chuck it into a good spare parts box and but a 3902 mpu in it with some newer software.
My 2c.