Electronic Arts has announced Monopoly will be the first Hasbro-branded next-gen videogame released by the studio after announcing a deal to publish games based on the toy makers properties earlier this year.

Monopoly will be released sometime this fall on Xbox 360 and Nintendo Wii, in addition to Playstation 2, mobile phones and pogo.com. The release will coincide with an all-new practical board game edition.

EA has designed Monopoly to allow four players to play simultaneously either on or offline. Never-before-seen boards will be unlockable by filling up passports.

"EA is taking MONOPOLY’S core gameplay and bringing it to life in a way never before imagined," said Chip Lange, Vice President and General Manager of EA’s Casual Label. "With this dynamic take on Hasbro’s classic board game, we’ve accelerated the pace of play, added new interactive mini-game sequences and integrated multi-player moments designed to make MONOPOLY a non-stop party for the whole family."