Yeah but the monitor isn't plugged to the psu... and the monitor is still showing the horizontal lines, is that ok??
the psu supplies the voltages to the game board and few other optional items
the monitor is powered either via a stepdown/isolation transformer or direct from the mains depending on type
if the monitor powers on but you only get a whitish screen with the screen volts turned up then 99.9% of the time it means the game board is not outputting a video signal
for the game board not to output a video signal most of the time it means the power supply that runs the game board is knackered-also a knackered game board will cause these issues
impossible to prove unless you have a multimeter
those lines you see are called flyback lines
it should be made law that all video machine owners buy a multimeter