Exhibit 12

Pinnacle Entertainment, Inc.
Computation of Ratio of Earnings to Fixed Charges

	2004			2005			2006			2007			2008
							(in thousands)
Earnings:
Pre-tax income (loss)	$	6,079		$	(17,350	)	$	102,909		$	(1,851	)	$	(424,741	)
Add fixed charges		60,789			62,385			62,023			72,339			82,521
Less capitalized interest		(5,102	)		(7,130	)		(5,750	)		(42,851	)		(25,144	)
Total earnings	$	61,766		$	37,905		$	159,182		$	27,637		$	(367,364	)
Fixed charges
Interest expense — inclusive of the amortization of debt issuance costs	$	51,778		$	49,535		$	53,678		$	25,715		$	53,049
Capitalized interest		5,102			7,130			5,750			42,851			25,144
Estimated interest portion of rent expense		3,909			5,720			2,595			3,773			4,328
Total fixed charges	$	60,789		$	62,385		$	62,023		$	72,339		$	82,521
Ratio of earnings to fixed charges		1.02	x		0.61	x		2.57	x		0.38	x	$	(4.45)	x