Quoting Campaigner, reply 4
It says gamer IQ = IQ of the gamers, right? That's how I read it atleast. If they mean something else then they should make it clear.
I don't know how you can make it any more clearer than having the definition of 'game IQ' in the sentence just before the one that gave you a headache. If you really can't get arond the additional 'r' in the quote and think the man means something completely different than what he just explicitly explained in the sentence before, I can't help but get the feeling that you are deliberaterly wanting to find errors in the article. If you misunderstood, then you need to understand that a slight typo doesn't mean they suddenly start talking about something completely different. That would make absoluetly no sense, now would it? Here's the quote once more, for clarification:
"... gaming has become as regular a pastime as playing outside ... As a result, players definitely have a higher game IQ than when we were playing Donkey Kong and Defender in arcades back in the day. As gamer IQs have increased ... "
Not to be picky, but.. that is emphatically not a definition. He says, "due to X, Y has increased lately. As Y increases..". This does not tell us what Y (this 'game IQ') is; you can take a guess based on context, but I agree with the guy wishing they'd provide an actual definition if they're going to make up terms. Especially if they're going to pick a name that overlaps with another common term whose definition is well known, and then mistype the name the second time they use it. And since I've never heard the term before and Google gives me no helpful results for it, yes I'm going to call it made up. 
Try this for comparison:
".. gaming has become as regular a pastime as playing outside ... As a result, the familiarity of players with common game mechanics, and their ability to figure out new ones - their 'game IQ' so to speak - is definitely higher than when we were playing Donkey Kong and Defender in arcades back in the day. As game IQs have increased.."
See, that's a definition. Of course, that's just my context-based guess, so it may not be the definition Arrington had in mind when he said that. Sorry to rant, but our language is full of perfectly good words with well understood meanings, I hate it when people needlessly make up new terms and don't even bother to tell us what exactly they're talking about. Then again, the article is quoting a game developer, it's possible that he did define his term and they just chose the quote poorly.