System, method, software arrangement and computer-accessible medium for providing audio and/or visual information

A system, method, software arrangement and computer-accessible medium are provided for tracking moveable objects, such as large balls, that a group of participants can interact with. For example, the motion of the objects may be used to control or influence the motion of certain virtual objects generated in a virtual environment, which may interact with other virtual objects. The virtual objects and their interactions may be used to generate video information, which can be displayed to the participants and which may indicate the occurrence of certain game-related events. Audio information may also be generated based on the interactions, and used to produce sounds separately from or in conjunction with the virtual objects.