Right click your mouse on the game shortcut.
A small screen will appear with tabs.
Select:
Compatibility.
Now you will see:
Compatibility mode.
Tick the box:
Run this program in compatibility mode for:
Then from the drop-down list select:
Windows 98/ME or Windows XP Service Pack 2
Click Apply then OK
ADDED:
Another solution may be to
not install in the (x86) folder.
Interrupt the game install and select/change the default path to anywhere but Program Files (x86)
A lot of older games are fine as soon as you do that.
My copy is installed in the old "Program Files | Novalogic" folder and works fine in Win7 64bit.