Spain’s regulated online gambling market appears stuck in a trend of year-on-year revenue gains and sequential declines.

Figures released this week by Spanish gaming regulator Dirección General de Ordenación del Juego (DGOJ) show locally-licensed gambling sites generated revenue of €121.3m in the three months ending June 30, 22.6% higher than the same period last year but 4.5% less than Q1’s total. The Q2 results follow a similar pattern in Q1’s figures, which were 20% higher than Q1 2016 but down 2.4% from Q4 2016.

Sports betting revenue was up 12.3% year-on-year to €60.1m, despite Q2 2016 featuring the bulk of the Euro 2016 football tournament action. But the figure was nearly 15% less than the €70.6m the betting vertical reported in Q1 and turnover was down nearly 2% sequentially. Live betting accounted for 70% of Q2’s betting stakes and 68.5% of revenue.

The casino vertical reported revenue of €42.9m, up 52.5% year-on-year and 14.5% sequentially. Slots revenue soared 84% year-on-year to €21.5m, live roulette gained nearly two-thirds to €9.5m while RNG roulette improved 11.5% to €6.8m and blackjack rose 10.2% to just under €5m.