Goodfolk Auryn,
I too share your trepidation about this spectacle. Even assuming the "competitors" were fully able to consent and not acting out of self-preservation at being an unprotected race, bloodsports are notoriously exploitative of marginalized people, not to mention intrinsically cruel and uncivilized. Even the language "the goblins utilized in this event" strikes one as dismissive of these being's inherent Spirit. In other settings, I would decry this as base sadism, akin to bear baiting or dog fights.
That said, Guildmaster Gemclipper has often shown compassion and understanding for those ground under and forgotten. His actions during the Northlund's War suggest, at the very least, that he recognizes chattel slavery and tyrannical repression as unstable and unnecessary. Though some might argue his actions were ultimately self-serving and mercantile in nature, I woud like to think the majority of his motivations were enlightened. As far as I have seen, The Company, and its merchant-arm, The West Wayside Trading Company, have a mostly unsullied reputation. For what it is worth, I am, personally, offering them the benefit of the doubt. For the moment.
I have business in Westhaven Friday night and would be interested in knowing more of your thoughts.
Dramthin Hartsboon
Keeper of the Tainted Grove