One ought not overlook the old adage that "you can indict a ham sandwich."
Nevertheless, this does not portend well for Vick for two reasons:
1. It's a clear indication that the Feds have looked at this and want to proceed with it. If they didn't have the stomach for it, they wouldn't have gone with the indictment. Since they want to go forward, you can bet they have some smoking guns and some further indictments going forward. And that is where RICO might come in.
2. Other individuals were indicted, and they are going to be put in position to potentially "roll over" on others, especially the high-value-target Vick. If some people place him involved after plea bargaining, Vick is in some deep poo.