@mitu Thank you. After some more research I finally was able to resolve the issue. It worked with Mame2010 but controller needed to be configured from Retroarch's light gun option(Select+A) inside game and Dolphin bar needed to be set to Mouse option. Everything working fine now! :D

@sirhenrythe5th Mine went crazy when using the well known Tab-Menu to set the MAME input. First controller was fine, the other 3 not so great. Once I got one straight I updated the config file to quickly setup the rest. I have it all pre-configured now so if I had to do it again its just a copy-past of the config file. Should save anyone else time.

@kounabi22 Please don't post links to ROM sites.

@OneSwitch glad it worked for you too!