Exhibit 12.1

Pinnacle Entertainment, Inc.
Ratio of Earnings to Fixed Charges

	2005			2006		2007		2008			2009
	($ in thousands)
Earnings:
Pre-tax income (loss) from continuing operations	$	(22,408	)	$	100,302	$	7,487	$	(215,167	)	$	(89,979	)
Add fixed charges		53,299			56,025		28,861		56,807			74,172
Total Earnings	$	30,891		$	156,327	$	36,348	$	(158,360	)	$	(15,807	)
Fixed Charges:
Interest expense — inclusive of the amortization of debt issuance costs	$	49,535		$	53,657	$	25,344	$	52,479		$	70,239
Estimated interest portion in rent expense		3,764			2,368		3,517		4,328			3,933
Total Fixed Charges	$	53,299		$	56,025	$	28,861	$	56,807		$	74,172
Ratio of earnings (loss) to fixed charges		0.61x			2.79x		1.26x		(4.45)x			(0.21)x