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It’s in a ring because they have one of their MT events in the same 24 hour period.I think ONE is moving away from MMA honestly. This event being not in a cage, getting rid of the numbered ONE shows and just putting on Lumpinee Muay Thai cards with one prime event per month
as for the events moving away from the numbered, it might have to do with money. Hard to say, as they just announced that $1m MT tournament.