This is a direct copy:
FATAL ERROR in Vertex Shader compilation
ShaderName: shdr_ItemShine
D3DXCompile failed - result
at gml_Object_obj_Title_Draw_0
You indeed need to take a look at the README file included with the game! It contains a link to a driver required by older gamemaker games ^^
This is the first time I've ever actually needed to use a README file, always just thought it was a junk file that I had no idea what it really was...idiot 2x over here XD
lol all good, now you know! :B