The content is there, the only thing you can do on console is kill certain dino's for accessories and skins. There isn't snow, or raptor clause.
Here is quote:
Console Survivors can experience the fun of the holidays by 'sleighing' special gift-bearing creatures! Scattered across the ARK, various festive themed friends will be delivering Santa's Gifts. Kill the following critters and collect goodies from their inventories: Stags over Level 100:
Reindeer Skin Yetis:
Santa Dino Hat Penguins over Level 50:
Santa Player Hat
Xbox Survivors are in for an additional treat, as some of the ARK's creatures are also celebrating their birthdays, with hats and a special suit!
Titanosaurus:
Birthday Suit Shirt
Birthday Suit Pants
Wild Giganotosaurus:
Birthday Dino Hat
Dilos over Level 50:
Birthday Player Hat