Answer:
Stealthy as a shadow in the dead of night, cunning but affectionate if given a bite. Never owned but often loved. At my sport considered cruel, but that's because you never know me at all.
Who makes it, has no need of it. Who buys it, has no use for it. Who uses it can neither see nor feel it. What is it?
According to the music industry, you can count on a midnight train and the devil to turn up here.
As a whole, I am both safe and secure. Behead me, I become a place of meeting. Behead me again, I am the partner of ready. Restore me, I become the domain of beasts.
I am the hole in the night, the ever watchful eye. I return in a cycle, to enlighten the sky.
Almost everyone needs it, asks for it, gives it. But almost nobody takes it.