Most likely, your optical drive's DMA mode is in "PIO fallback mode" this is a severe compatability fallback that breaks discs that have purposely-built bad sectors in them (part of a copy protection mechanism).
I had this exact symptom once with Elder Scrolls Oblivion
The way to check this is to go into the device manager and identify the ATI/IDE/ATAPI controller that the optical drive is attached to (not the optical drive itself), and look for the transfer mode (advanced settings tab, check "Current Mode" column). If you cannot figure out which controller, sort the list "View > Devices by connection"
Windows keeps track of read errors on a counter and when certain thresholds are met, it steps back the transfer speed. The problem (I won't call it a bug because they haven't fixed it since at least XP) is that the counter is never reset. This makes sense for HDD, but not so much for optical media.
To fix it, remove the ATA/IDE/ATAPI controller (not the optical drive), reboot and let windows redetect it.
google "DMA PIO fallback mode"