Over two months ago XBLArcade.com posted about the EA's Monopoly and Scrabble press releases that fueled rumors of an Xbox Live Arcade game in the works for both of those titles. Gamasutra has today unveiled new information about this Monopoly release; however, mum is still the word on if this will be a retail title or not. Interesting details to note about this title is that the game will be based Hasbro's Monopoly Here & Now: The World Edition board game (credit cards, skyscrapers, cell phones as game pieces, etc.). EA has plans to deviate slightly from the current "Here & Now" edition of the game by adding a "party twist" to the game. The twist will feature four player simultaneous play, new game boards and mini-games.
[UPDATE] This unfortunately is going to be a $40 Retail disc and not coming to XBLA. I wish I was making this up folks, but it's true.