I'm pretty sure that it's just Courier New that has been stretched way more than is acceptable.

I was going to say the same thing, but I think it's something else. Notice the thick and thin strokes on the M and A. If it was Courier (New or otherwise), the angled strokes should be the same thickness. I think it's some kind of "letter quality" inkjet or dot matrix font, stretched of course.

Here it is unstretched: