Our review of Xmas cuts through the marketing and looks at what matters: how it plays and how it pays. CQ9 Gaming are the software studio behind it, tuning the game for medium low variance, with an RTP of 96.04%. You get 25 paylines across 5 reels, all built around a christmas theme. Originally released in 2022, it has aged well. If everything lines up, Xmas can pay up to 5,000x your bet. The full verdict is below.
Written by Sarah Mitchell · Last updated: January 2026
This slot, Xmas, is the work of CQ9 Gaming, dressed up with a christmas theme and powered by 5 reels and 25 paylines. The result is a medium low-variance maths model paired with 96.04% RTP.
The mechanics are what make Xmas interesting. Look out for scatter symbols that unlock free spins and extra bonus rounds. The medium low volatility makes it forgiving on the bankroll, ideal for relaxed, longer sessions. All told, it's a solid entry in the CQ9 Gaming catalogue.
The RTP of 96.04% is right around the industry average of ~96%. This represents a fair return that's in line with what most modern slots offer.
Medium-low volatility offers a good balance of regular wins with occasional larger payouts. Expect frequent hits with modest amounts, suitable for casual players who want low-risk entertainment.
About 1 in 3 spins results in a win. This is a moderate hit frequency that balances win frequency with payout size.
Xmas features scatter symbols that can trigger free spins rounds. Landing the required number of scatter symbols anywhere on the reels activates the free spins feature, giving you extra chances to win without additional bets. During free spins, special modifiers may apply to boost your winning potential.
3.0 / 5 — Good
Xmas by CQ9 Gaming is a solid offering that delivers good entertainment value. The 96.04% RTP combined with medium low volatility creates a well-balanced gaming experience.