The more I read about this, the more this reminds me of Ryuusei no Rockman (Megaman Star Force). Main character wears a red shirt, lives with his mom, father is out of the picture, has a likely plot-relevant pendant, some kind of futuristic eyepiece, and meets a blue energy-being. Heck, even the city in the trailer looks almost identical to the one in the Rockman anime. All we need is a supporting cast including a fat guy, a nerdy guy, a kinda-sorta love triangle, and a scientist authority figure and we're good to go.
He actually lives with his sister and Grandmother. Both parent's are archaeologists and may or may not be dead.
I think what they are doing with the series is rehashing the story that made it popular:
Kid has magical archaeological pendant that unlocks a dueling genius that takes over his body and duels for him. They have differing personalities with causes slight problems in their social/dueling life. They fight against a snobby kid who screws rules with money and duels for cards. Hilarity ensues.
I'm actually looking forward to this series now. I don't like how it's aimed at a really low demographic, but I'll deal.