Operations Magazine was established as a  house organ for The Gamers, for  discussion of its wargaming products. The first issue was produced in the summer of 1991 printed regularly until The Gamers were taken over by Multi-Man Publishing. The magazine was produced quarterly, until Issue 42 when production slowed to semi-regular status (with only one issue being produced in 2003, and two issues a year in 2004 and 2005).

Bruce Monnin, formerly of The Boardgamer, became editor of Operations beginning with the Fall 2004 edition (issue 46). The stated aim of Multi-Man Publishing was to have Operations be to their line of games what The General was to Avalon Hill's line of products.

Of note to tactical wargamers has been the emphasis of the magazines on firstly the TCS series of games, and later, the availability of additional Advanced Squad Leader Starter Kit scenarios. The magazine was an exclusive source for "official" additions to the ASLSKs.

In the summer of 2008, the first special issue was released, with a stand alone wargame in the issue (an operational mini game treatment on the invasion of Iwo Jima) as well as a historical module for Advanced Squad Leader, including map, campaign game, and two scenarios covering the battle of Singling. The battle had been covered twice before in "official" ASL products, once as an ASL scenario and once as a Deluxe ASL scenario; the historical map rendered the battle on the actual terrain. Three special editions were published, and the magazine apparently ceased publication in the summer of 2011 in favour of a retooled periodical named Special Ops.