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As states are about to legalize online gambling a number of casinos and social media giants are racing to take advantage. Reuters correspondent Joseph Menn tells Anthony De Rosa that social media giants Zynga and Facebook need to be careful before becoming involved with online gambling. (May 14, 2012)

Senior monks from a Buddhist sect in South Korea offer to resign after a video was made public, appearing to show fellow monks gambling. (May 11) Subscribe to the Associated Press: bit.ly Download AP Mobile: www.ap.org Associated Press on Facebook: apne.ws Associated Press on Twitter: apne.ws Associated Press on Google+: bit.ly

Six leaders from South Korea’s biggest Buddhist order have quit after secret video showed monks playing high-stakes poker, drinking and smoking.