Isn't $1.5m is way much too expensive for a $47k in 6 months average revenue or $94k annual revenue? Or let's just round it off and say it is a $100k a year.
For $1.5m the estimated ROI date will be 15 years. Isn't it way too long for having business? I'd bet 3-5 years ROI is considerable for any business.
I hope the amount is bargainable, because just as earlier said, $1.5million is likely too much for a casino that generates an average annual income of $94k, which is bound to undergo change, to either increase or decrease in the hands of a new ownership, depending on how skillful such individual may be.