Exhibit 11

Pinnacle Entertainment, Inc.
Computation of Earnings Per Share

	For the three months ended September 30,
	Basic						Diluted (a)
	2010			2009			2010			2009
	(in thousands, except per share data)
Average number of common shares outstanding		61,128			60,070			61,128			60,070
Average common shares due to assumed conversion of stock options		—			—			—			—
Total shares		61,128			60,070			61,128			60,070
Income (loss) from continuing operations	$	1,564		$	(19,509	)	$	1,564		$	(19,509	)
Loss from discontinued operations, net of income taxes		(2,330	)		(2,412	)		(2,330	)		(2,412	)
Net loss	$	(766	)	$	(21,921	)	$	(766	)	$	(21,921	)
Per share data:
Income (loss) from continuing operations	$	0.03		$	(0.33	)	$	0.03		$	(0.33	)
Loss from discontinued operations, net of income taxes		(0.04	)		(0.04	)		(0.04	)		(0.04	)
Net loss per share	$	(0.01	)	$	(0.37	)	$	(0.01	)	$	(0.37	)

	For the nine months ended September 30,
	Basic						Diluted (a)
	2010			2009			2010			2009
	(in thousands, except per share data)
Average number of common shares outstanding		60,654			60,048			60,654			60,048
Average common shares due to assumed conversion of stock options		—			—			—			—
Total shares		60,654			60,048			60,654			0,048
Loss from continuing operations	$	(38,211	)	$	(7,067	)	$	(38,211	)	$	(7,067	)
Income (loss) from discontinued operations, net of income taxes		24,874			(9,215	)		24,874			(9,215	)
Net loss	$	(13,337	)	$	(16,282	)	$	(13,337	)	$	(16,282	)
Per share data:
Loss from continuing operations	$	(0.63	)	$	(0.12	)	$	(0.63	)	$	(0.12	)
Income (loss) from discontinued operations, net of income taxes		0.41			(0.15	)		0.41			(0.15	)
Net loss per share	$	(0.22	)	$	(0.27	)	$	(0.22	)	$	(0.27	)

(a) When the computed diluted values are antidilutive, the basic per share values are presented on the face of the Condensed Consolidated Statements of Operations (Unaudited).