The original stadium was an open-air construction, resembling a Roman amphitheatre in design. Six years later, in 1951 a concrete roof was added, making it more convenient and weather-proof.After seven years of government ownership the stadium was running in loss and on May 24, 1953 Chalerm Cheosakul, the stadium manager at the time, asked permission from the Crown Property Bureau to run the stadium and founded the "Rajadamnern Co Ltd".
The Rajadamnern Co. Ltd operates it to this day and it has become one of the world-renowned boxing stadiums of Muay Thai in Thailand.
In 1969, Rocky Marciano attended Rajadamnern as a guest referee for the International Boxing title match between Raksak Wayupuk and Saknoi Sor Kosum. Since then the tradition is kept that the last fight of the night is always an International level fight.
Chuw attana Muay Thai & Boxing camp is the official promoter of the Rajadamnern stadium licensed by the Thailand boxing commission.
Gambling is legal and takes place at the second level.The betting is done by hand-signals, as in a stock exchange trading floor. Often such signs are misunderstood by one side and additional fights may erupt outside the ring between gamblers.The security service at Rajadamnern Stadium is managed by armed Military Police officers. Foreigners usually occupy the expensive ringside seats, while gamblers and aficionados prefer the second or third ring of seats upstairs.

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