Not an actual video card, not an onboard graphics chip either;
http://en.wikipedia.org/wiki/Intel_HD_Graphics
From what I'm reading there it's integrated graphics built into the CPU itself, which best I recall was the original idea behind the AMD 3D NOW CPU.
Basically, for playing 3D video games, you want an actual plug in PCIE video card, anything integrated generally shares the system RAM. That not only reduces the available RAM for programs, it's also slower for video processing, because a real video card uses VRAM which is designed specifically to process graphics faster that regular system RAM.
Notebooks/laptops are always a compromise - with a desktop (misnamed these days since most are in tower cases that sit on the floor rather than on the desk) you can get a big honking heavy power supply that dims all the lights in the house and costs $500 per day in electric bills, along with the fastest most powerful components money can buy. But you can't lug it around with you without a wagon full of car batteries and an AC inverter, which would let you play for about 3 minutes before the batteries needed recharging.
A laptop sacrifices performance for portability, in order to make them smaller and lighter weight and have the battery last for a while, they have to use components that are smaller, lighter, and generate less heat. With electronics speed = heat, smaller size = heat, add big cooling fans and the laptop gets kinda clunky and needs a bigger battery to power cooling fans meaning more weight and clunkiness - so the only way they can go is make it slower.
You can get fast powerful laptops that will play games just fine, but dollar for dollar you'll spend a lot more to get the same performance as a desktop and reach the upper limit a lot sooner. Ergo, unless you spend a lot of time on the road, don't get a laptop instead of a desktop. Got enough money for both then go for it, but the laptop will cost a lot more for the same performance.