Usually means: Person involved in illegal schemes.
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We found 10 dictionaries that define the word racketer:

General (10 matching dictionaries)
  1. racketer: Merriam-Webster
  2. racketer: Collins English Dictionary
  3. racketer: Wordnik
  4. racketer: Wiktionary
  5. Racketer: Dictionary.com
  6. Racketer: Online Plain Text English Dictionary
  7. racketer: Webster's Revised Unabridged, 1913 Edition
  8. Racketer: AllWords.com Multi-Lingual Dictionary
  9. racketer: FreeDictionary.org
  10. Racketer: TheFreeDictionary.com

Definitions from Wiktionary (racketer)

noun:  (obsolete) One who is dissipated and given to carousing.
noun:  One who is skilled in racket sports.
noun:  One who instigates or perpetrates a racket (fraud or swindle), a hustler, swindler, or racketeer.

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