Exhibit 11

Pinnacle Entertainment, Inc.

Computation of Earnings Per Share

(in thousands, except per share data)

	For the three months ended June 30,
	Basic				Diluted
	2018		2017		2018		2017
Weighted average number of common shares outstanding	57,543		56,648		57,543		56,648
Potential dilution from share-based payment awards	—		—		4,723		5,236
Total shares	57,543		56,648		62,266		61,884
Net income	$	21,766	$	8,426	$	21,766	$	8,426
Less: net loss attributable to non-controlling interest	131		951		131		951
Net income attributable to Pinnacle Entertainment, Inc.	$	21,897	$	9,377	$	21,897	$	9,377
Per share data:
Net income per common share	$	0.38	$	0.17	$	0.35	$	0.15
	For the six months ended June 30,
	Basic				Diluted
	2018		2017		2018		2017
Weighted average number of common shares outstanding	57,225		56,314		57,225		56,314
Potential dilution from share-based payment awards	—		—		5,030		5,149
Total shares	57,225		56,314		62,255		61,463
Net income	$	43,560	$	25,634	$	43,560	$	25,634
Less: net loss attributable to non-controlling interest	280		960		280		960
Net income attributable to Pinnacle Entertainment, Inc.	$	43,840	$	26,594	$	43,840	$	26,594
Per share data:
Net income per common share	$	0.77	$	0.47	$	0.70	$	0.43