felony vs racketeering

felony and racketeering both are nouns.

Word	Noun	Adjective	Verb	Adverb
felony	Yes	No	No	No
racketeering	Yes	No	No	No

As nouns, racketeering is a hyponym of felony; that is, racketeering is a word with a more specific, narrower meaning than felony:

Other hyponyms of felony include capture, seizure, bribery, graft, larceny, stealing, theft, thievery, thieving, extortion, burglary.

felony (noun)	racketeering (noun)
a serious crime (such as murder or arson)	engaging in a racket