Definition of "rackets"

rackets

noun
1. plural of racket
2. (with "the") Organized crime.
  Quotations
  I'm talking about a cop that's mixed up in drugs. I'm talking about a dishonest cop, a crooked cop who got mixed up in the rackets and got what was coming to him.
  1972, Mario Puzo, Francis Ford Coppola, The Godfather, spoken by Michael Corleone (Al Pacino)
noun
uncountable
1. The game of racquets.