1. Install the game and copy the contents of the MONOPOLY directory (in the root directory) from the CD into the game installation directory. These should include the subdirectories called MSOUND16, MSOUND, SOUNDS, MOVIES, BACKGRND, POSTMONO, SHAPES, MAPTABLE. (Taken from the game executable.)
2. Create an empty file called C00L.VQA (those are zeros, not letter O's) in the MOVIES directory, if it doesn't already exists there.
3. Apply the attached patch to MONOPOLY.EXE. (My homepage is currently down and I don't want to bother with file hosting sites.)
+1. The game also needs the WinG graphics library which can be downloaded from here
http://www.otakuworld.com/toys/utils.html . Or just grab WING32.DLL from a DLL download site and put it into the Windows system directory.
Please, reply if this worked for you.