The Noda B’Yehuda that I mentioned basically says that if you don’t need it for parnassa then its cruelty and it’s also assur to put yourself in such a makom sakanna (perhaps one can argue that modern hunting is not such a sakanna) but if you need it for parnassa then it is not cruelty and it’s ok to put yourself in such a makom sakanna.
You can read the Teshuva here:
http://hebrewbooks.org/pdfpager.aspx?req=14662&st=&pgnum=100