We study the ergodic -- non-ergodic transition in a generalized Dicke model with independent co- and counter rotating light-matter coupling terms. By studying level statistics, the average ratio of consecutive level spacings, and the quantum butterfly effect (out-of-time correlation) as a dynamical probe, we show that the ergodic -- non-ergodic transition in the Dicke model is a consequence of the proximity to the integrable limit of the model when one of the couplings is set to zero. This can be interpreted as a hint for the existence of a quantum analogue of the classical Kolmogorov-Arnold-Moser theorem. Besides, we show that there is no intrinsic relation between the ergodic -- non-ergodic transition and the precursors of the normal -- superradiant quantum phase transition.