The character and level design looks good but I spent a high percentage of that trailer wondering if it was a mini-game compilation that had a fighting game bit in it....
Street fighter doesn't need to have all this tat tacked on, just make it play like a proper SF!
I'm pretty sure all the mini-games are actually for the benefit for newer players, to train their timing for things like parrying (basketball game) and so on.
This is one of the most recognisable video game franchises ever, and is pretty much the face of fighting games in general, with a huge history of arcade culture, tournaments, esports and all the rest of it, with high expectations riding on it. There's absolutely zero chance they're going to push aside the core Street Fighter experience (1v1 with their actual characters) for the sake of casual mini-games.