Apps in the market -> malicious software

Are there malicous apps in the market?

When apps are selected for install, the market informs of the potential accesses the app will have, such at internet, location, phone, etc..

I've seen some notifications for accesses that wouldn't be in anyway needed. For example, a free basic blackjack program, will be using the internet and location services.

To me things like this raise a red flag that the are proverbial trojans, malware, or whatever. Is this a realistic concern or am I being paranoid?

Thanks!
Karl

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