Not just Monopoly or games similar to it but for other live casinos as well.
Live Casinos is not in my vocabulary to play with.
I am more confident and comfortable with sports betting, casino or crash games
Your general view of live games seems negative which I highly understand especially on this kind of wheel games. But if you are a real player of Live games and not just a bystanders giving comment, You will knew that host of the game show usually speaks by the time they are spinning the wheel and they are actually interacting in the live chat while wheel keeps spinning.
If the OP theory was true about playing recorded video for the result, then there's no way the host can answer the live comments while showing the actual wheel result. They have a 2 camera perspective which shows the close of the wheel and zoom out with the host & wheel angle.