Switzerland’s casinos reported modest a profit increase in 2016, snapping a nearly decade-long losing streak.

New figures released by the Swiss Federation of Casinos (SFC) show the country’s 21 licensed brick-and-mortar gaming venues reported gross profits of CHF 689m (US $711m) in 2016, 1.2% higher than 2015’s total. Twelve Swiss casinos posted year-on-year gains last year, while the other nine suffered slight declines.

While modest, the overall gain marks the first time since 2007 that the annual figure has nudged upward, so the industry – and the government, which saw its share of casino revenue rise 3.2% to CHF 323m – will take it. That said, 2016’s figure was well below the CHF 769m generated in 2004, the first year of legal casino gambling in Switzerland, and nearly one-third off the market’s 2007 peak of CHF 1.02b.

The SFC points fingers at a small army of culprits who are allegedly behind the casinos’ decline, including a smoking ban, a strong Swiss franc deterring cross-border gambling visitation and the growth of illegal gambling dens, which the SFC believe deprive their members of an estimated CHF 150m per year.