Exhibit 11

PinnacleEntertainment, Inc.

Computation of Per Share Earnings

	For the three months ended June 30,
	Basic						Diluted (a)
	2003			2002			2003			2002
	(in thousands, except per share data-unaudited)
Average number of common shares outstanding		25,934			25,804			25,934			25,804
Average common shares due to assumed conversion of stock options		0			0			10			472
Total shares		25,934			25,804			25,944			26,276
Net loss	($	2,384	)	($	6,415	)	($	2,384	)	($	6,415	)
Per share net loss	($	0.09	)	($	0.25	)	($	0.09	)	($	0.25	)

	For the six months ended June 30,
	Basic						Diluted (a)
	2003			2002			2003			2002
	(in thousands, except per share data-unaudited)
Average number of common shares outstanding		25,934			25,625			25,934			25,625
Average common shares due to assumed conversion of stock options		0			0			10			168
Total shares		25,934			25,625			25,944			25,793
Net loss before cumulative effect of a change in accounting principle	($	3,231	)	($	8,713	)	($	3,231	)	($	8,713	)
Cumulative effect of a change in accounting principle, net of taxes		0			(56,704	)		0			(56,704	)
Net loss	($	3,231	)	($	65,417	)	($	3,231	)	($	65,417	)
Per share loss before cumulative effect of a change in accounting principle	($	0.12	)	($	0.34	)	($	0.12	)	($	0.34	)
Per share cumulative effect of a change in accounting principle, net of taxes		0.00			(2.21	)		0.00			(2.21	)
Per share net loss	($	0.12	)	($	2.55	)	($	0.12	)	($	2.55	)

(a) When the computed diluted values are anti-dilutive, the basic per share values are presented on the face of the condensed consolidated statements of operations.