The city is to get the full official MONOPOLY treatment with its very own customised board, which will be out later this year in time for Christmas.
And it will be the great Wolverhampton public who will get to vote for the 22 property landmarks that make it onto the board.
So, for example, Wulfruna Street could replace Mayfair from the original London MONOPOLY - or Molineux Stadium could appear on Old Kent Road!
The board will see Wolverhampton's finest landmarks swap places with the famous MONOPOLY London sites like Trafalgar Square and Oxford Street. In addition, the four London train stations will be handed over to a city 'travel' theme.
Some of the Community Chest and Chance cards are being customised too, with very bold plans for one to say 'You will be fined for going to Birmingham'.
Dan Taylor, MONOPOLY Manager at London-based Winning Moves UK - the company producing this game under license from MONOPOLY owners Hasbro - announced the launch at West Park this morning when he was joined by the Mayor of Wolverhampton, Councillor Christine Mills.
The Mayor is a self-confessed MONOPOLY fan who plays using the dog counter.
Councillor Mills said: "MONOPOLY is a classic game for all the family and it's fantastic news that, nearly 80 years after it was first launched, the great and greater Wolverhampton public will be able to expand their property empire by snapping up some famous landmarks in Wolverhampton."
Mr Taylor said: "We are delighted to be making this exciting announcement that Wolverhampton is 'Passing GO'."
The spirit and shape of this customised edition will remain the same as with the traditional MONOPOLY board game - so, for example, the playing pieces will stay the same as will the rules and the four corner squares (GO, Jail, Free Parking and Go To Jail). Set to feature for the first time as a playing piece will be a cat to sit alongside the Scottie dog and the other famous counters like the boot and ship.
MONOPOLY first hit shop shelves in the US in 1935 and is today played in 111 countries and enjoyed in 43 different languages. The new MONOPOLY: Wolverhampton Edition will be available from this October in time for Christmas - very extensively online and at all good toy and book stores - including at: Amazon.co.uk, Ocado, Toys R Us, Waitrose, Waterstones, WH Smith and The Works.
Voting is underway now and continues until 24 May, 2013. Nominations for landmarks and famous streets - as well as general suggestions - should be emailed to wolverhampton@:winningmoves.co.uk or posted at Type=links;Linkid=1586;Title=Wolverhampton Monopoly;Target=_blank; . Alternatively, they can be sent via post to: Wolverhampton MONOPOLY, Winning Moves UK, 7 Praed Street, London W2 1NJ.
- released: Friday 19 April, 2013