Game Trailers has a video interview with Austin Keys. He is a producer for Namco Bandai of America. In the video, we get confirmation that Lion-O is the only playable character. It also gives us our first look at the gameplay in motion.
We get to see Lion-O calling upon Tygra to clear out a screen filled with enemies. We also get to see how combat will work, which looks fairly basic. Run, jump, slash, rinse and repeat. Levels will be based on locations from the cartoon and both Slithe and Mumm-Ra have been confirmed as enemies in the game. No word on more recent show additions like Kaynar and Addicus. For now, you can check out the brief video below.