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 $94k, which is bound to undergo change, to either increase or decrease in the hands of a new ownership, depending on how skillful such individual may be.
The 1.5M$ amount is very expensive for a gambling casino, it wouldn't matter if the return profit is big within 6 months according to what OP said. But even if there is an offer there, it will certainly not allow it to go below 1M$, but it is still expensive to say even so.
We don't know if the only capital in the casino that is being sold is their real capital there is only 100k$-200k$. But I hope OP will think about changing to the same price battle.