Currently more than 116 games available on Xbox LIVE Arcade

26,000 people voted and the finalists were chosen by a panel of select industry journalists (not us). Six categories were chosen by vote and the final four categories by sales and gameplay data.
Check out the winners for each category:
Xbox LIVE Arcade Award Winners
• Best Overall Arcade Game: “Bomberman Live” (Hudson Entertainment)
• Best Classic Game: “Castlevania: Symphony of the Night” (Konami Digital Entertainment)
• Best Original Game: “Pac-Man: Championship Edition” (NAMCO BANDAI Games)
• Best Family-Friendly Game: “Pac-Man: Championship Edition” (NAMCO BANDAI Games)
• Best Competitive Multiplayer Game: “Bomberman Live” (Hudson Entertainment)
• Best Cooperative Multiplayer Game: “Teenage Mutant Ninja Turtles” (Ubisoft Entertainment)
• Best-Selling Game: “Teenage Mutant Ninja Turtles” (Ubisoft Entertainment)
• Most-Played Game: “Worms” (Team17 Software Limited)
• Highest-Rated Game: “Castlevania: Symphony of the Night” (Konami Digital Entertainment)
• Xbox LIVE Arcade Staff Choice: “Pac-Man: Championship Edition” (NAMCO BANDAI Games)