In order to get this game to run you need to bypass Games for Windows Live. While other users have posted their method of doing this, others still can't seem to get it to work. Other methods wouldn't work for me either, until I tried the follow (so I thought I should also post it here in case it helps someone): What I simply did was REPLACE the Gfwlivesetup35.exe under ".../SteamLibrary/steamapps/common/Resident Evil Operation Raccoon City/support/". I did this by duplicating (i.e. copying & pasting) the vcredist_x86.exe in the same folder and renaming it "Gfwlivesetup35.exe" (I chose that one because it's convenient and obviously already works with the Steam install script). DO THIS BEFORE LAUNCHING THE GAME FOR THE FIRST TIME.

ALSO NOTE, you have to add this XLive.dll in the main game directory as well (the one with RaccoonCity.exe), and this is regardless of whatever bypass method ends up working for you. You can get it from: http://www.mediafire.com/file/1zzmeara8xhldz0/XLive.dll/file

-- WHY DOES THIS WORK? Because the issue is that the install script that runs when you launch the game for the first time tries to install GFWL using that Gfwlivesetup35.exe. You'll notice that the suggestions from other users all involve trying to get around this, by trying to edit the installscript.vdf itself, by tampering with the WINE prefixe's registry in order to make it appear like GFWL was already installed successfully, etc. All these methods seem to be hit and miss though (I'm sure including mine) and work for some users, but not others. I wouldn't be surprised if Steam is simply updating its anti-malware techniques (checking file hashes etc) and that's why some methods stop working over time, but who knows? If you're unable to bypass the GFWL in the initial install script, it will very likely just hang trying to start the game.

Anyway, I hope that bypass method helps someone.