It is the US version of Monopoly. Just like the Steam version, you are unable to change the actual place names in the game, even if you are allowed to change the settings a little. For some reason, the makers have added functions to change the place settings, but the place names stay the same when making trades and such.
Despite the fact that both the PS1 version and the Steam version were created by Hasbro, all three are very different games. The one on Steam at the moment is very basic, the one for the PS1 was highly detailed, well crafted and lots of fun. The paid version you are about to download is somewhere in the middle. The graphics are a little dated, but the AI, gaming mechanics and gameplay are all far better than the Steam version.
It is an older version of the Monopoly game than the Steam version, but the gaming mechanics and the AI are far better on this version than on the newer Steam version.
Hasbro are not supporting any Monopoly games. Hasbro does have its own development team, but they are only working on mobile apps and haven't created a game for the PC or consoles since 2008.
If you have Windows 7 or Windows 10, then you may use the compatibility tool already installed on your operating system to play the game. The game requires very little RAM or processing power, so your computer should be able to play it. In the unlikely event that the game doesn't work or it is buggy, you may always request a refund so long as the vendor gives them.
It was created by the same people who created Monopoly Plus, but this game was created before the concept of Monopoly Plus existed.
This is the full and paid version of the game, but there is a free trial version of this game on the Softonic website.
You may not play other people online, and you may not connect via a LAN connection to play other people.
When you play against the computer, you take a turn and then the AI players take a turn. If you are playing another human, you both take it in turns using the same computer. This means sitting besides another person and taking it in turns using the mouse.
Just like when you are playing one-on-one with another person, you sit besides that person, and then use the mouse when it is his/her or your turn. When playing the AI, you have to wait for the AI to take their turns before you take your turn and before your human opponent takes his or her turn.
If you play the game on an old computer, then it runs fine. It seems to suffer when it plays on a faster computer. The lag isn't a massive problem, but you could always try running it on a single core to see if that fixes your lagging problems. Otherwise, it is a minor inconvenience.