Cryptic Studios and Perfect World Entertainment announced today that Magic: The Gathering MMO, which has been rumored for a while now, is indeed in development. The game is being developed from the ground up for both PC and consoles. The release date and other details have not been revealed at this time.

David Schwartz, Wizards of the Coast Vice President of Digital Publishing said, “This game is an exciting part of Wizards of the Coast’s Magic Digital Next initiative to extend gameplay beyond the tabletop, and we’re proud to work with the talented team at Perfect World Entertainment and Cryptic Studios to bring the Magic: The Gathering Multiverse to life.”

Adding to that, the CEO of Cryptic Studios, Stephen D’Angelo said, “Everything from the graphics to the gameplay is being targeted for a truly unique AAA game. We’re thrilled to provide Magic fans with an opportunity to explore the game’s worlds and characters through an entirely new lens. Get ready to embark on a brand new journey.”

Are you a big fan of Magic: The Gathering? Is this something that you’re excited to start playing?