It is 1861, and the USA is ruined in Civil War. Great issues are at stake — slavery, states rights, the preservation of the Union — however as a British arms manufacturer, you don't care!

As a profiteer, your goal is to make as much money as possible by supplying the troops needed to fight the war with your factories and by speculating in the bonds issued by the Confederacy and the Union to finance their war effort.

Profiteers is a speculation and strategic game. Players look to accumulate gold and bonds (the value of which varies according to the progress each side in the war). Players can select to invest money in arms factories, which give them more bonds and greater influence over the outcomes; simply speculate; or buy up businesses such as coffin makers and anticipate a bloody and prolonged conflict. The only thing that matters is the final amount of cash in hand when the war ends.

The game spans over three and seven turns, in each of which players first make their investment and production decisions, and then (in reverse order) contribute troops to the outcome of one of the great battles of the US Civil War. The battles are easily resolved and allow for a bit of bluff and negotiation, but they do not attempt to replicate the tactics of the conflict. Those looking for a simulation of "Pickett's Charge" at Gettysburg should probably not purchase this game.

The game is quick paced and highly interactive as the ability to anticipate or influence other players' strategies is crucial to victory. A long game (where the war is finely balanced and lasts the full seven turns) can around 45 minutes; shorter battles are finished in less than half an hour.