I have the same problem and sent the crash report to tech support (support@1cpublishing.eu).
Note that King's Bounty - The Legend and Warriors of the North both launch fine in Windows 8.1.
Note that I tried running in compatibility mode for Windows 8 all the way back through Windows XP Service Pack 3 with the same results.
I also tried to run the game in Administrator Mode with the same results.
Anyone have any other ideas to try?
Hopefully the developers can work on this issue and provide a solution...
***EDIT***
Okay, I did some more research on this error and found another game, Game of Thrones with the exact same error:
http://forum.gameofthrones-rpg.com/v...php?f=7&t=2509
The company released a patch here:
http://forum.gameofthrones-rpg.com/v...php?f=7&t=2504
So if King's Bounty follows suit, a patch for the game will need to be made to make it compatible with Windows 8.1.