Wizards of the Coast, creators of the Magic: the Gathering game has announced its plans to bring the game to the Xbox Live Arcade through Stainless Games.

Magic: The Gathering combines the dynamics of a card game with trading and collecting. Magic currently has a thriving online edition (Magic Online) made up of more than 350,000 active accounts, whether or not the Stainless version is any similar is unknown at this point - the original Press Release specifically states that they are working on games based on the franchise, not specifically Magic Online Live.

Another interesting note is that Stainless are working on the XBLA and PC game, while Mind Control Software is working on a Mac and PC game. Are they all working on the same project and working together on the PC game, or are they separate?

The game allows gamers to collect and trade virtual cards, build the perfect deck, get help from mentors, find opponents at all skill levels, and compete for prizes every day without ever leaving the comforts of home.

Source: Kotaku: "Magic: The Gathering Coming To XBLA"