Barreto et al. (2017) showed that the genotypic cyclic competition model with three phenotypes appearing as three morphs of male lizards' throats had the same equilibrium but a wider stability region as the corresponding phenotypic model. In this paper we re-examine stability conditions under the symmetric choice of parameters for the phenotypic model so we can set the same internal equilibrium densities for all three phenotypes. In this setting we compare the stability regions of cyclic allele dominance rule. Next we consider the dynamics on a two-dimensional square lattice space and then show the effect of this spatial structure on the stability of phenotypic model. We obtain the following results: (i) Cyclic allele dominance rule in a genotypic model gives a wider stable region of internal equilibrium than the allele dominance rule observed in lizards; and (ii) spatial structure drastically changes dynamical behavior, especially when all three phenotypes coexist in almost all the parameter spaces when both competition and dispersal occur locally.