That's the exact question that my state is debating right now .
We have a few such places , but they aren't regulated in any way and have gone out of their way to avoid regulation even though the largest one just got shut down for 38 Lacey Act violations . I attended a DNR meeting on the subject just last evening with some friends , and the deer farmers were practically bussing in the shills to vote for their side . Since the shills in question were Amish I'm pretty sure that they didn't drive themselves to the meeting .

I also noted that many of the deer farmers I had seen at 2 previous meetings at widely divergent locations were at this one as well . Money just makes some folks crazy .
The hunting community here , as well as the majority(85%) of non-hunters when surveyed said that they considered the practice reprehensible at best . This is in line with every single national survey that I've ever personally seen , and squares with my own informal polling as well . I'm adamantly opposed to "slaughter farms" personally , and have mixed feelings about meat , hide , and pee operations .