Have you tried getting latest version of this software?
yes, this is the last version.
this issue happens in H264 1080p60 video as well. both on newest VLC or MPC player.
maybe the problem is V Sync implementation in device driver ? in direct 3D it causes video rendering thread to wake up late and drop frames.
Is this happening with other video players? Can you please post your dxdiag report and system information report?
How to get it?
Dxdiag Report: Type dxdiag in Start Menu> open> Save> Attach using Advanced Editor Options.
System Information: Click Start> Type System Information> Click File> Export> Save File> Attach using Advanced Editor Options.
According to your log files, you are running an older BIOS and graphics drivers. Please do the following link for the BIOS update: https://downloadcenter.intel.com/download/24881/BIOS-Update-WYLPT10H-86A-
For the graphics driver update, try installing this BETA driver: https://downloadcenter.intel.com/download/24937