Philippines sees up to $6 bln of investments in casino sector in…

By Neil Jerome MoralesMANILA, March 19 (Reuters) - Foreign and domestic firms are expected to invest much as $6 billion in the Philippines' casino sector in the next five years, the head of its gaming regulator said, bolstering its status among Asia's top gambling destinations as competition increases.At least one new casino-resort will open every other year including in areas outside Manila like Clark, a former U.S. military base north of the capital, and Cebu in the country's central region, Philippine Amusement and Gaming Corp Chairman Alejandro Tengco said on Tuesday."We will have continued growth because of the opening of…