<PAGE>
                                                                    EXHIBIT 99.4


                       ASSIGNMENT OF MEMBERSHIP INTERESTS

This ASSIGNMENT OF MEMBERSHIP INTERESTS ("ASSIGNMENT") in Ourway Realty, LLC, a
Massachusetts limited liability company ("OURWAY REALTY") is entered into as of
, 2000, by and between Anchor Gaming, a Nevada corporation ("ASSIGNOR"), a
member of Ourway Realty, and My Way Holdings, LLC, a Nevada limited liability
company ("ASSIGNEE" and taken together with Assignor, a "PARTY" or the
"PARTIES"), based on the following facts:

                                    RECITALS

         WHEREAS, Assignor is a member of Ourway Realty pursuant to that
certain Amended and Restated Operating Agreement of Ourway Realty dated May
16, 2000 (the "OPERATING AGREEMENT"), executed by all the members thereto as
such members (other than Assignor) are more fully set forth on Exhibit "A"
attached hereto and incorporated herein by reference (the "OTHER MEMBERS");
and

         WHEREAS, Assignor, Stanley E. Fulton ("FULTON") and other parties,
are parties to that certain Stock Purchase Agreement dated of even date
herewith ("STOCK PURCHASE AGREEMENT"), and other agreements related thereto
or referenced therein (collectively, with the Stock Purchase Agreement, the
"AGREEMENTS"); and

         WHEREAS, the transaction subject of the Agreements includes, among
other transactions, the assignment by Assignor of one hundred percent (100%)
of Assignor's ownership, right, title and interest in Ourway Realty (the
"INTEREST") to Fulton or an entity owned by Fulton; and

         WHEREAS, Assignee is an entity wholly owned by Fulton; and

         WHEREAS, Section 4 of the Operating Agreement and the Schedule to
the Operating Agreement provide that Assignor holds a twenty-five percent
(25%) interest in Ourway Realty; and

         WHEREAS, Assignor desires to transfer and convey the Interest,
subject to the Operating Agreement and the terms in this Assignment, to
Assignee; and

         WHEREAS, Assignee desires to accept the Interest, subject to the
Operating Agreement and the terms in this Assignment, such that Assignee
shall hold a twenty-five percent (25%) interest in, and be a full member of,
Ourway Realty.

         NOW THEREFORE, based on the foregoing, and in consideration of the
mutual agreements, covenants, and conditions contained herein and in the
Agreements, the receipt by Assignor of One Hundred Dollars ($100) in-hand
paid, and for other good and valuable consideration, the receipt and adequacy
of which are hereby acknowledged, the Parties hereby agree as follows:

1.       EFFECTIVE DATE. The effective date (the "EFFECTIVE DATE") of this
         Assignment shall be the Closing Date (defined in Section 6). In the
         event the Effective Date has not occurred by April 1, 2001, Assignee or
         Assignor shall have the right, but not the obligation, to terminate
         this Assignment.

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2.       ASSIGNMENT OF INTEREST. For the purchase price of Five Million Dollars
         ($5,000,000) (the "PURCHASE PRICE"), Assignor hereby sells, transfers,
         conveys, and assigns to Assignee the Interest, and all of Assignor's
         associated rights and obligations under the Operating Agreement,
         including, without limitation, (i) all associated rights of Assignor to
         receive monies and other property or assets due and to become due to
         Assignor under or pursuant to the Operating Agreement, (ii) all
         associated claims of Assignor for damages arising out of or for breach
         of or default under the Operating Agreement, (iii) all associated
         rights of Assignor to receive the proceeds or benefits of any
         indemnity, warranty, or other payments with respect to the Operating
         Agreement, and (iv) all associated rights and obligations of Assignor
         to perform thereunder and to compel performance and otherwise exercise
         all remedies thereunder.

3.       PAYMENT OF PURCHASE PRICE. Assignee shall pay to Assignor, in
         immediately available U.S. Funds, the Purchase Price, on the Closing
         Date and concurrent with the transfer of the Interest from Assignor to
         Assignee.

4.       EFFECT OF ASSIGNMENT OF INTEREST. As of the Effective Date, the
         Interest shall be transferred from Assignor to Assignee. From and after
         the Effective Date twenty-five percent (25%) of the portion of profits
         or losses of Ourway Realty and the portions of all other items of
         income, gain, loss, deduction, or credit allocable to such Interest on
         or after such date shall be credited or charged, as the case may be, to
         Assignee. Nothing in this Assignment will affect the allocation to
         Assignor of profits, losses and other items of income, gain, loss,
         deduction, or credit allocable to the Interest and attributable to any
         period before the Effective Date hereof or any distribution or payments
         made to Assignor in respect of the Interest before the Effective Date.

5.       ASSIGNOR REPRESENTATIONS AND WARRANTIES. Assignor hereby represents and
         warrants to Assignee as of the date hereof, and as of the Effective
         Date as follows:

         a.       Intentionally Omitted.

         b.       The Articles of Organization of Ourway Realty are attached
                  hereto and incorporated herein by reference as Exhibit "B,"
                  and the Operating Agreement, including all schedules and
                  exhibits thereto, is attached hereto and incorporated herein
                  by reference as Exhibit "C." Each of such documents is true
                  and correct and in full force and effect.

         c.       The execution, delivery and, subject to obtaining the consents
                  required by the Operating Agreement, performance by Assignor
                  of this Assignment will not (i) modify, breach or constitute
                  grounds for the occurrence or declaration of a default under
                  or give rise to a right to terminate any agreement, license,
                  indenture, undertaking or other instrument to which Assignor
                  is a party or by which Assignor, or any of their respective
                  assets may be bound or affected, (ii) violate any provision of
                  law or any regulation or any order, judgment or decree of any
                  court or other agency of government to which Assignor is
                  subject, (iii) violate any provision of the Articles of
                  Incorporation or By-laws of Assignor, or (iv) result in the
                  creation or imposition of (or the obligation to create or
                  impose) any liens, mortgages, pledges, charges, claims or
                  other encumbrances on any of the properties of Assignor.

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         d.       Except to the extent applicable, the required filing under the
                  Hart-Scott-Rodino Antitrust Improvements Act of 1976, as
                  amended (the "HSR ACT"), and the expiration or early
                  termination of the waiting period thereunder, no consent,
                  approval, authorization, permit, waiver or license of or from,
                  notification to, or declaration or filing with, any federal,
                  state, local, municipal, foreign or other governmental body or
                  authority ("GOVERNMENTAL BODY"), on the part of Assignor is
                  required for the execution and delivery of this Assignment or
                  the performance or consummation of the transactions
                  contemplated by this Assignment.

         e.       As of the date hereof and through and including the Effective
                  Date, the Interest will be owned beneficially, and of record,
                  by Assignor, free and clear of any mortgage, security
                  interest, pledge, hypothecation, assignment, deposit
                  arrangement, lien, charge, preference, priority or other
                  security agreement, option, warrant, attachment, right of
                  first refusal, preemptive right, conversion, put, call or
                  other claim or right, restriction on transfer, or preferential
                  arrangement of any kind or nature whatsoever (including,
                  without limitation, any restriction on the transfer of any
                  assets, any conditional sale or other title retention
                  agreement, any financing lease involving substantially the
                  same economic effect as any of the foregoing and the filing of
                  any financing statement under the Uniform Commercial Code or
                  comparable law of any jurisdiction), except for any of the
                  foregoing that may be set forth in the Operating Agreement
                  (collectively, "ENCUMBRANCES"). On the Closing Date, (i)
                  Assignor will deliver to Assignee valid, good and marketable
                  title to the Interest, free and clear of all free and clear of
                  any Encumbrance, and (ii) the Interest will not be subject to
                  any voting agreement or other contract, agreement,
                  arrangement, commitment or understanding, restricting the
                  voting, dividend rights, transfer or other disposition of the
                  Ourway Interest, except as may be set forth in the Operating
                  Agreement.

         f.       Intentionally Omitted.

         g.       Intentionally Omitted.

         h.       Intentionally Omitted.

         i.       Intentionally Omitted.

         j.       Intentionally Omitted.

         k.       Intentionally Omitted.

         l.       Intentionally Omitted.

         m.       No royalties or commissions are payable by Ourway Realty under
                  any license or franchise agreements to any shareholder,
                  officer or director of Assignor.

         n.       Except Wasserstein Perella & Co., Inc., there is no investment
                  banker, broker, finder or other intermediary that has been
                  retained by or is authorized to act on behalf of Assignor who
                  might be entitled to any fee or commission upon consummation
                  of the transactions contemplated by this Assignment.

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                  Notwithstanding any investigation made or information
obtained by Assignee, Fulton or their affiliates, the representations and
warranties made by Assignor in this Section 5 shall not survive the Closing
(except for Section 5(e) which shall survive indefinitely).

1.       CONDITIONS PRECEDENT TO EFFECTIVE DATE. The closing of the
         transactions contemplated by this Assignment (the "CLOSING DATE")
         shall occur at the offices of Lionel Sawyer & Collins, or such other
         location as the parties hereto may mutually agree. Unless this
         Assignment is earlier terminated pursuant to Sections 1 or 7, the
         Closing Date shall occur as promptly as practicable, but no later
         than five (5) business days following the satisfaction or waiver by
         Assignee and Assignor of the following conditions:

         a.       Ourway Realty and the manager and each member thereof shall
                  have waived their respective rights of first refusal under
                  the Operating Agreement with respect to the transfer of the
                  Interest pursuant to this Agreement.

         b.       Assignee shall have received a copy of the Operating
                  Agreement, executed by the manager of Ourway Realty and all
                  Other Members, and amended in conformity with the
                  requirements of the Operating Agreement to indicate that
                  all of Assignor's right, title and interest in the Interest
                  has been transferred and conveyed to Assignee.

         c.       Assignee shall have received any instrument of transfer, other
                  than this Assignment, that may be required by the Operating
                  Agreement or by law.

         d.       The representations and warranties of Assignor set forth in
                  Section 4 of this Assignment shall be true and correct in all
                  material respects (if not qualified by materiality) and in all
                  respects (if qualified by materiality) (i) as of the date
                  hereof and (ii) as of the Effective Date as if made on such
                  date (provided that in the cases of clauses (i) and (ii), any
                  such representation and warranty made as of a specific date
                  shall be true and correct in all material respects (if not
                  qualified by materiality) and in all respects (if qualified by
                  materiality) on and as of such specific date).

         e.       Assignor shall have performed in all material respects all
                  covenants and obligations herein required to be performed or
                  observed by it on or prior to the Closing Date.

         f.       On or prior to the Closing Date, Assignee shall have obtained
                  any and all consents, approvals, authorizations, permits,
                  licenses and waivers necessary for consummation of the
                  transactions contemplated by this Assignment and all of the
                  Agreements.

         g.       No order to restrain, enjoin or otherwise prevent the
                  consummation of the transactions contemplated hereby shall
                  have been entered by any court or Governmental Body and not
                  rescinded or overturned. No litigation instituted by any
                  Governmental Body shall be pending to restrain or invalidate
                  any material part of the transactions contemplated by this
                  Assignment.

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7.       TERMINATION OF ASSIGNMENT. This Assignment may be terminated by
         Assignee or Assignor in the event that any of the Agreements are
         terminated or otherwise of no further force or effect.

8.       OURWAY REALTY RECORDS. Prior to the Closing Date, upon Assignee's
         request therefor, Assignor shall provide to Assignee copies of all
         books and records, financial and accounting documents, reports,
         returns, files, agreements and any other documents related to the
         business, ownership, or operation of Ourway Realty that are in
         Assignor's possession or control, or that are reasonably obtainable by
         Assignor.

9.       MISCELLANEOUS.

         a.       ATTORNEYS' FEES TO ENFORCE THIS ASSIGNMENT OR IN SUBSEQUENT
                  LITIGATION. In the event any Party shall maintain or
                  commence any action, proceeding, or motion against any
                  other Party to enforce this Assignment or any provision
                  thereof, the prevailing Party shall be entitled to recover
                  its reasonable attorneys' fees and costs incurred.

         b.       SEVERABILITY. Each provision of this Assignment is intended to
                  be severable. If any term or provision hereof is illegal or
                  invalid for any reason whatsoever, such illegality or
                  invalidity shall not affect the legality or validity of the
                  remainder of this Assignment.

         c.       COSTS.  Each  Party  shall  pay its own  legal  fees and
                  expenses  incidental  to the  execution  of this Assignment
                  and the consummation of the transactions contemplated
                  hereby.

         d.       EXECUTION OF DOCUMENTS. Each Party agrees to execute all
                  documents necessary to carry out the purpose of this
                  Assignment and to cooperate with each other for the
                  expeditious filing of any and all documents and the
                  fulfillment of the terms of this Assignment.

         e.       CONTROLLING LAW. This Assignment has been entered into in the
                  State of Nevada, and this Assignment, including without
                  limitation, any rights, remedies, or obligations provided for
                  hereunder, shall be construed and enforced in accordance with
                  the laws of the State of Nevada.

         f.       COUNTERPART EXECUTION. This Assignment may be executed in
                  multiple counterparts each of which may be deemed an original
                  and shall become effective when the separate counterparts have
                  been exchanged among the Parties.

         g.       CONSTRUCTION.  Every  covenant,  term,  and  provision  of
                  this  Assignment  shall  be  construed  simply according to
                  its fair meaning and not strictly for or against any Party.

         h.       HEADINGS. Section and other headings contained in this
                  Assignment are for reference purposes only and are not
                  intended to describe, interpret, define, or limit the scope,
                  extent, or intent of this Assignment or any provision hereof.

         i.       VARIATION OF PROVISIONS. All pronouns and any variations
                  thereof shall be deemed to refer to the masculine, feminine,
                  or neuter, singular or plural, as the identity of the person
                  or persons may require.


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         j.       AMENDMENTS.  Any amendment to this Assignment shall be in
                  writing and executed by Assignor and Assignee.

         k.       ENTIRE AGREEMENT. This Assignment and the other Agreements,
                  including, without limitation, all exhibits hereto and
                  thereto, contain the entire understanding among the Parties
                  and supersedes any prior written or oral agreements between
                  them respecting the subject matter of this Assignment. There
                  are no representations, agreements, arrangements, or
                  understandings, oral or written, between the Parties relating
                  to the subject matter of this Assignment that are not fully
                  set forth herein. This Assignment shall be considered part of
                  the Operating Agreement for all purposes.

         l.       NOTICES.  All  notices,  requests,   consents  and  other
                  communications  hereunder  shall  be  given  to Assignor
                  and Assignee as set forth in the Stock Purchase Agreement.

         m.       ASSIGNMENT. It is specifically agreed that Assignee may
                  assign, transfer or convey any or all of its rights and
                  obligations hereunder to any person whomsoever; provided,
                  however, that in the event of such assignment, transfer or
                  conveyance, Assignee shall not be released from its
                  obligations pursuant to this Assignment, unless agreed to in
                  writing by Assignee and Assignor.

                  IN WITNESS WHEREOF, the Parties hereto have approved and
executed this Assignment as of the date first set forth above.

                     ASSIGNOR:        ANCHOR GAMING
                                      a Nevada corporation



                                      By:
                                         -----------------------------

                                      Name:
                                           ---------------------------

                                      Its:
                                          ----------------------------


                     ASSIGNEE:        My Way Holdings, LLC
                                      a Nevada limited liability company


                                      By:
                                         -----------------------------

                                      Name:  Stanley E. Fulton
                                      Its:   Manager

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                                       0


                                   Exhibit "A"
             Members in Ourway Realty LLC (other than Assignor)

<TABLE>

       <S>                                                        <C>
       ---------------------------------------------------------- --------------
       Alles Partners (attn: Robert Gopen)                        1.5000%
       ---------------------------------------------------------- --------------
       Altman, Arthur                                             0.7500%
       ---------------------------------------------------------- --------------
       Chanowski, Fred                                            1.5000%
       ---------------------------------------------------------- --------------
       Chimento, George L.                                        10.0000%
       ---------------------------------------------------------- --------------
       Goodman, Allen                                             1.6500%
       ---------------------------------------------------------- --------------
       Hassler, Allen                                             0.7500%
       ---------------------------------------------------------- --------------
       Isenberg, Diane                                            1.2500%
       ---------------------------------------------------------- --------------
       Kropa, Gomer                                               2.5000%
       ---------------------------------------------------------- --------------
       Lank, Joseph                                               0.3750%
       ---------------------------------------------------------- --------------
       Levine, Joseph                                             0.6875%
       ---------------------------------------------------------- --------------
       Linsey  Family Ltd Partnership                             2.7500%
       ---------------------------------------------------------- --------------
       Piontkowski, Gary T.                                       9.2800%
       ---------------------------------------------------------- --------------
       Ross, Alfred, S.                                           29.3375%
       ---------------------------------------------------------- --------------
       Schwartz, Joel                                             0.7500%
       ---------------------------------------------------------- --------------
       Trembowicz, Richard                                        0.7500%
       ---------------------------------------------------------- --------------
       Truesdale, Robert                                          2.5000%
       ---------------------------------------------------------- --------------
       Tuch, Richard L.                                           7.7325%
       ---------------------------------------------------------- --------------
       Whitehall Company attn: Marvin Gordon                      0.9375%
       ---------------------------------------------------------- --------------
                                                                  75.0000%
                                                                  --------------
</TABLE>

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                                    Exhibit "B"
                  Articles of Organization of Ourway Realty LLC
                                 (to be attached)







                                       8

<PAGE>



                                    Exhibit "C"
                     Operating Agreement of Ourway Realty, LLC
                                  (to be attached)






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