Companies can connect to and use each other's track and stations, so revenue can be split. Delivery revenue can vary by time, distance, demand, cargo type, economic state, station improvements and difficulty level.

Most of the gameplay consists of building tracks, stations and trains, which are used for hauling passengers and freight from one station to another. The player tries to make profits for investors and completes various other objectives while being hindered by rivals, random events such as train breakdowns, train robbers, economic swings, and scripted events particular to the scenario. The player chooses a map and assumes the role of chairman of a railroad company. Railroad Tycoon II is a railroad simulation that covers the entire history of railroads from inception to the present day and beyond. 5 Railroad Tycoon II: The Second Century.

In 2010, 2K Games re-released Railroad Tycoon: Platinum Edition on to the steam digital download platform as part of a bundle to buy Railroad Tycoon 3 and Sid Meier's Railroads. The Game continued to sell well, and in August 2001, a Platinum Edition was released, which was the same as the Gold Edition, but with 50 extra community made maps, for a total of 126 scenarios for the whole game. The was relatively successful, and an expansion named Railroad Tycoon II: The Second Century was released less than a year later, followed by a Gold Edition, which bundled together the two games along with bonus maps, and game updates. Instead, Phil Steinmeyer and PopTop Software created the game, with collaboration from Take-Two Interactive and Gathering of Developers.

Original creator Sid Meier was not involved in the development of this game. '''Railroad Tycoon II''' is a business simulation video game for Microsoft Windows, Mac OS, PlayStation and Dreamcast and is the second game ''Railroad Tycoon'' series.

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