Broke in terms of dignity. I wasn’t ever sure if the gaytona was real but now I know
In a historical context, a rake (short for rakehell, analogous to "hellraiser") was a man who was habituated to immoral conduct, particularly womanising. Often, a rake was also prodigal, wasting his (usually inherited) fortune on gambling, wine, women and song, and incurring lavish debts in the process.
Sounds good to me
https://www.huffingtonpost.com/eileen-dreyer/what-is-a-rake-and-why-do_b_4214382.html