Are you running on the latest HWversion?  See if you can upgrade the VM by going:

VM -> Manage -> Change Hardware Compatibility...

And then select the latest hardware version.

I'm wondering because if you're seeing 128MB, that suggests you might actually be running with our older virtual hardware that doesn't support D3D11 yet, which that game lists as a minimum requirement.  Newer hardware versions would normally lower that to 4MB (as far as Windows reports the dedicated memory), and then allow you to set the overall graphics memory larger than 2GB.  Both the higher graphics API support and the higher graphics memory would probably help the game.

If that's still not working for you after the upgrade, if you can post a vmware.log from your attempt to run the game that would help us see your system configuration as well.

But I'll see if our development team can take a look.