raydan wrote:
He can't win and there's a good reason.
If he did, then anyone could make false claims about missing articles.
First of all, can he prove that the console was in his luggage?
Can he prove the value?
The 1 million for damages is frivolous and any judge will see that. What will the guy say, that the console has sentimental value or that this caused him great psychological pain and suffering.
He's an idiot, even if his story is true.
You don't pack articles of value in your luggage. If you do, you buy supplemental insurance.

You don't understand lawsuits. A suit for 4.7 million will garner 2 million plus with a good lawyer. If a police report has been made then it is generally accepted without proof to the contrary that it is a legitimate claim. The original bill for the console is probably on some store computer and verifiable.
The legal argument will be related to due dilligence. If the owner used due dilligence in locking his luggage etc. and that only security could have accessed it, and whether the airport exhibited due dilligence in the handling of his luggage and the hiring of luggage handlers.
Legally the case is not frivolous, and the expected settlement will be less than 1 million dollars.