At the time, there was only one format, which was the equivalent to today's Vintage (but at the time was just called "Magic"!)
The full texts of these abilities are "At the beginning of the monarch's end step, that player draws a card" and "Whenever a creature deals combat damage to the monarch, its controller becomes the monarch." 2023-07-28 If the monarch leaves the game during another player's turn, that player becomes the monarch
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This would be almost as catastrophic for WotC as it would be for brick and mortar stores
There are other options, of course, with Glorious Protector and Guardian of Faith being two of the better ones but they only protect your creatures