Pretty much in the same boat as the rest of you, hunting for survival is one thing, but hunting for sport is not my game. I actually turned down a hunt with John McCain because of that (although looking back, I probably should have, just because it's a once in a lifetime thing, even if I'm not leading the McCain fanbus)...
My owner's father does this "hunting" and honestly it's about the same as shooting your dog. When they do these guided tours, they spend thousands of dollars to fly there, spend thousands of dollars for the permits, spend thousands of dollars to ship the animals home, and thousands of dollars to stuff them. It's just a big "Hey, look how much money I have" thing.
The animals are raised to be hunted, so they are fed and close to humans a lot. Often times they will release the animals close to where they will be, so they know they're in the area, then put out food. The animal comes to eat, because that's how it was raised, and they shoot it from close range, because the animals don't see humans as threats. If you talk to any hunter (deer, pigs, etc) they'll tell you they come home empty handed all the time. Well rich guys don't want to drop 70-80 G's to come home empty handed, so they make sure they'll get something.
It take the same amount of skill as putting food out for the family dog and then shooting him. It's not hunting, it's just killing.