It's not a true rotary.
It's a Xybots stick.
The true rotary sticks will spin in a circle, much like a spinner.
Xybots used a twist stick on the dedicated machines that let you turn 90 degrees left or right by twisting the stick far enough to hit the switches on the add-on card.
It will only go far enough to hit those switches.
That gives you a 3-axis digital stick.