Set a few years after the first game, the evil lord of darkness, Dark Guld, has arisen from his imprisonment, and has destroyed many countries to bring the world into chaos. Now, Tyris Flare, Ax Battler, and Gilius Thunderhead join forces once again to stop this new evil.
The game is an okay beat-em-up, but the main issue, as a lot of people have pointed out, is this game does not add anything new. Despite many differences (like the dwarves being replaced by cloaked sorcerers), the gameplay is the same as the first Golden Axe, and many of the new enemies act just like enemies from the first game. In fact, the only gameplay change (which is not major) is the modification to the magic meter, allowing you to hold the magic button to choose how much magic you want to use, allowing you to save some magic for future use. Only recommend playing if the game is part of a compilation and/or you want to play every game in the series.