Plans call for naming a new casino just outside New York City the Hard Rock Casino Meadowlands.

Hard Rock International and the Meadowlands Racetrack on Wednesday unveiled details about the project, which could generate $500 million in tax revenue for New Jersey.

Hard Rock CEO Jim Allen says the casino could be open by summer or early fall 2016.

But first, the New Jersey Constitution would need to be amended to allow it. Lawmakers are taking steps to put the issue before voters in November.

Atlantic City leaders have opposed every attempt to even consider legislation expanding casino gambling beyond its borders. Last year, four of the city's 12 casinos shut down, and gambling revenue has been falling steadily for eight years, even without in-state competition.