Vicksburg’s only downtown casino, Horizon, is being sold by its Las Vegas parent company to one in South Carolina, Horizon owner Tropicana Entertainment has announced.

The 105 jobs at the 36,000-square-foot casino on Mulberry Street at the Yazoo Diversion Canal are safe for now, interim general manager Stacy Walker said.

“The only thing I can say right now is yes, they are selling to Delta, and we still continue to operate,” he said.

The sale of Horizon, Vicksburg’s second casino, to Delta Investments & Development LLC for $3.25 million in cash plus certain liabilities associated with the casino was announced by Tropicana Tuesday.

Delta is incorporated in Nevada and is managed by gaming executive J. Michael Caldwell of Gateway Gaming in Piedmont, S.C. The deal is subject to approval by the Mississippi Gaming Commission.

Though 42 jobs were cut immediately before a corporate “re-positioning” began a year ago today, no jobs were cut this week and the casino remains open.

Walking areas were recarpeted and table games were removed from the casino last December, in a scale-down Tropicana blamed on the recession. Food offerings at Josh’s also were changed, from fine dining to sandwiches.

Horizon opened in November 1993 as Harrah’s, the first casino and hotel built in tandem in Mississippi following gaming’s legalization in 1990. It brought to the city its first-ever escalator.

The city sold a 2.95-acre portion of the public area at City Front to Harrah’s — once seen as a prime spot for a second boat — as well as the casino’s two parking garages originally build in the 1970s.

The public areas are leased back to the city for $1 a year. Terms of the agreement, which was transferred over to Columbia Sussex when it bought the casino in 2003 and renamed it Horizon, call for the city to be paid $562,939.56 plus 1.5 percent of net revenues over 30 years until full purchase in 2033. Termination fees of $450,000 kick in if the casino ever closes.

Details of the pending sale in regulatory filings with the Securities and Exchange Commission do not mention rents due on the Vicksburg property. Specified is an agreement indemnifying Delta against damages it may inherit from Tropicana’s local holding company leading up to a closing on the sale.

Payments had reportedly tapered off in recent years as Tropicana, formerly part of Columbia Sussex, emerged from Chapter 11 bankruptcy in May 2009. A previous attempt to sell the Vicksburg property for $35 million fell through in 2008 when prospective owners backed out.

In January, billionaire Carl Icahn received regulatory approval to take control of nine Tropicana Entertainment LLC casinos in Nevada, Indiana, Louisiana and three in Mississippi — Horizon, Jubilee Casino and Lighthouse Casino, in Greenville. The nine were half of a company asset split approved by the courts after bankruptcy.

In November, CEO Scott Butera resigned and, a week later, was announced as chief executive of the tribal-run Foxwoods Resort Casino in Connecticut.

Net revenues for the firm’s South region of holdings — Horizon, Lighthouse, Jubilee and the Belle of Baton Rouge — fell 10.5 percent to $25.5 million during this year’s third quarter compared to last year, according to the company’s most recent quarterly report to the SEC.

Decreases in Vicksburg were blamed on “the continuing economic slowdown and reduced consumer discretionary spending” and low visitation, the report said.

DiamondJacks, which opened as the Isle of Capri and was sold in 2006, was Vicksburg’s first casino, opening in August 1993.

The Isle re-entered the Vicksburg market in May, purchasing Rainbow, off Warrenton Road. Ameristar has been the area’s largest and market share casino leader since it opened in 1994. Riverwalk Casino opened next door to Rainbow in 2008, becoming the city’s fifth casino.