<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:019e88c5-4b6b-790f-a0c5-4a192ae822d2,g:cbcc17d0-f2f8-48be-9152-8a5325f28fc5-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.twinriverwwholdings.com/role/Cover" xlink:type="simple" xlink:href="baly-20260529.xsd#Cover"/>
  <link:presentationLink xlink:role="http://www.twinriverwwholdings.com/role/Cover" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_019e88c5-4b6b-7710-96b0-e6e1d8b52c12" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationTable_019e88c5-4b6b-74f8-8766-cee65ea705bc" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentInformationTable"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_019e88c5-4b6b-7710-96b0-e6e1d8b52c12" xlink:to="loc_dei_DocumentInformationTable_019e88c5-4b6b-74f8-8766-cee65ea705bc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis_019e88c5-4b6b-738b-bff3-f805fafe5038" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationTable_019e88c5-4b6b-74f8-8766-cee65ea705bc" xlink:to="loc_us-gaap_StatementClassOfStockAxis_019e88c5-4b6b-738b-bff3-f805fafe5038" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ClassOfStockDomain_019e88c5-4b6b-7f5e-ae3a-8565467d4aa0" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ClassOfStockDomain"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_019e88c5-4b6b-738b-bff3-f805fafe5038" xlink:to="loc_us-gaap_ClassOfStockDomain_019e88c5-4b6b-7f5e-ae3a-8565467d4aa0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_baly_ClassA1CommonStockMember_019e88c5-4b6b-74d1-8de1-18cd33454d13" xlink:href="baly-20260529.xsd#baly_ClassA1CommonStockMember"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_019e88c5-4b6b-7f5e-ae3a-8565467d4aa0" xlink:to="loc_baly_ClassA1CommonStockMember_019e88c5-4b6b-74d1-8de1-18cd33454d13" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_baly_ClassA2CommonStockMember_019e88c5-4b6b-7edc-887e-77ca60d2af00" xlink:href="baly-20260529.xsd#baly_ClassA2CommonStockMember"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_019e88c5-4b6b-7f5e-ae3a-8565467d4aa0" xlink:to="loc_baly_ClassA2CommonStockMember_019e88c5-4b6b-7edc-887e-77ca60d2af00" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_baly_ClassA3CommonStockMember_019e88c5-4b6b-7588-b7dd-814cab66d6d1" xlink:href="baly-20260529.xsd#baly_ClassA3CommonStockMember"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_019e88c5-4b6b-7f5e-ae3a-8565467d4aa0" xlink:to="loc_baly_ClassA3CommonStockMember_019e88c5-4b6b-7588-b7dd-814cab66d6d1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_baly_ClassA4CommonStockMember_019e88c5-4b6b-74b6-9c6a-6df2417f1601" xlink:href="baly-20260529.xsd#baly_ClassA4CommonStockMember"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_019e88c5-4b6b-7f5e-ae3a-8565467d4aa0" xlink:to="loc_baly_ClassA4CommonStockMember_019e88c5-4b6b-74b6-9c6a-6df2417f1601" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonClassBMember_019e88c5-4b6b-7403-826e-6973060e56da" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonClassBMember"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_019e88c5-4b6b-7f5e-ae3a-8565467d4aa0" xlink:to="loc_us-gaap_CommonClassBMember_019e88c5-4b6b-7403-826e-6973060e56da" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentInformationLineItems"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationTable_019e88c5-4b6b-74f8-8766-cee65ea705bc" xlink:to="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_019e88c5-4b6b-7c80-970b-ab862341d152" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_DocumentType_019e88c5-4b6b-7c80-970b-ab862341d152" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_019e88c5-4b6b-71e0-8d2b-bac0695201c7" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_DocumentPeriodEndDate_019e88c5-4b6b-71e0-8d2b-bac0695201c7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_019e88c5-4b6b-7e8c-bd6f-387b71efd9c0" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_EntityRegistrantName_019e88c5-4b6b-7e8c-bd6f-387b71efd9c0" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_019e88c5-4b6b-7b3c-afcc-e136d6c5455f" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_EntityIncorporationStateCountryCode_019e88c5-4b6b-7b3c-afcc-e136d6c5455f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_019e88c5-4b6b-735a-9623-84a2b4563a4c" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_EntityFileNumber_019e88c5-4b6b-735a-9623-84a2b4563a4c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_019e88c5-4b6b-759a-8fce-1a7d642e2aac" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_EntityTaxIdentificationNumber_019e88c5-4b6b-759a-8fce-1a7d642e2aac" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_019e88c5-4b6b-71c8-9262-d29eb4fe7ac5" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_EntityAddressAddressLine1_019e88c5-4b6b-71c8-9262-d29eb4fe7ac5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_019e88c5-4b6b-70a6-8c85-467eb14a057b" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_EntityAddressCityOrTown_019e88c5-4b6b-70a6-8c85-467eb14a057b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_019e88c5-4b6b-71d3-8f95-6bf00c43dc0a" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_EntityAddressStateOrProvince_019e88c5-4b6b-71d3-8f95-6bf00c43dc0a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_019e88c5-4b6b-7cf6-925d-463458ecce6c" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_EntityAddressPostalZipCode_019e88c5-4b6b-7cf6-925d-463458ecce6c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_019e88c5-4b6b-7f1b-a359-ad10e23ebb9a" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_CityAreaCode_019e88c5-4b6b-7f1b-a359-ad10e23ebb9a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_019e88c5-4b6b-7238-8733-4dc906ca34c7" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_LocalPhoneNumber_019e88c5-4b6b-7238-8733-4dc906ca34c7" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_019e88c5-4b6b-752e-98f3-1cd535d68c44" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_Security12bTitle_019e88c5-4b6b-752e-98f3-1cd535d68c44" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_019e88c5-4b6b-7185-9cef-04e92a749be9" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_WrittenCommunications"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_WrittenCommunications_019e88c5-4b6b-7185-9cef-04e92a749be9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_019e88c5-4b6b-7ccc-9421-66b630183aff" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SolicitingMaterial"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_SolicitingMaterial_019e88c5-4b6b-7ccc-9421-66b630183aff" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_019e88c5-4b6b-76d5-b279-18d536894e0d" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementTenderOffer"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_PreCommencementTenderOffer_019e88c5-4b6b-76d5-b279-18d536894e0d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_019e88c5-4b6b-78a3-8256-85ac9bdc9d4f" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_019e88c5-4b6b-78a3-8256-85ac9bdc9d4f" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_019e88c5-4b6b-7923-807f-fd2fda05fc3a" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_SecurityExchangeName_019e88c5-4b6b-7923-807f-fd2fda05fc3a" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_019e88c5-4b6b-7a3b-8557-cc3956a986fd" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_EntityEmergingGrowthCompany_019e88c5-4b6b-7a3b-8557-cc3956a986fd" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityExTransitionPeriod_019e88c5-4b6b-7385-907b-afbe8abb5a3c" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityExTransitionPeriod"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_EntityExTransitionPeriod_019e88c5-4b6b-7385-907b-afbe8abb5a3c" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_019e88c5-4b6b-724c-a5db-072f2cba2f1d" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_AmendmentFlag_019e88c5-4b6b-724c-a5db-072f2cba2f1d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_019e88c5-4b6b-7c2d-8ae5-fd4a63fd6592" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_019e88c5-4b6b-7faf-a163-c371b4dcef1c" xlink:to="loc_dei_EntityCentralIndexKey_019e88c5-4b6b-7c2d-8ae5-fd4a63fd6592" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
