Does your laptop have a dedicated video card? This sounds like your rig is missing the shaders needed for the game. Or, if you have one of the newer laptops, it could be the rig is trying to run the game on the CPU graphics.
Go into power settings and force the system to use the 3D Video card, if you have one, when you are plugged into AC. You may even have to do this in the control panel for the video card to force the system to use the video card.