Players are required to exhibit competence in financial strategy, negotiation, and property management, and matches are timed. Preliminary rounds, semifinals, and a champplay store gamesionship match to crown a world champion are frequently included in the competition schedule. A trophy and an amount of money that has changed over the years are awarded to the winners of the Monopoly World Championship. The occasion also acts to publicize the game and emphasize how well-liked it is across age groups and cultural divides.

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