Game will not start with newest launcher

Hi,
Recently I started using the newest launcher version. I have had no launcher problems in the past.

What I expected to happen was that when I click play, my game would pop up as usual.
What actually happened was: the game became unresponsive, and would become a black screen when I enlarge it. The game output showed "########## GL ERROR ##########
@ Post render
1285: Out of memory" until I closed the game.

Steps to reproduce:
1. Open launcher from desktop shortcut
2. Click "play"
3. Wait until game output starts displaying repeated errors (the one above). There is no way for me to play. How can I fix this?