The invention discloses a rotary operating module and a game controller with the same. The rotary operating module comprises a first supporting portion, a second supporting portion, a rotating unit, a first angle sensor and a second angle sensor. The first supporting portion is provided with a hollow containing portion, and the second supporting portion can rotate along a first direction and a second direction relative to the first supporting portion and is provided with a sliding rail. The rotating unit comprises a hollow base, a first rotating shaft, a second rotating shaft and a sliding rod, the hollow base is positioned in the hollow containing portion, the first rotating shaft is fixed to the outer wall of the hollow base and rotatably connected to the hollow containing portion along the first direction, the second rotating shaft is rotatably arranged on the hollow base along the second direction, the sliding rod is fixed to the second rotating shaft, and one end of the sliding rod is rotatably arranged on the sliding rail. The first angle sensor is arranged on the first rotating shaft, and the second angle sensor is arranged on the second rotating shaft. A more conscious operating mode can be obtained, and the rotary operating module is simple in structure and high in detection accuracy.