Complex sentence: By 2002 HOT 97.5 was on it's way to becoming the leading CHR in the Las Vegas Metropolitan area HOT 97.5 is one of two Rhythmics in the market, KLUC being the other but has been the market leader since early 2006.
Split into simpler sentences: By 2002 HOT 97.5 was on it's way to becoming the leading CHR in the Las Vegas Metropolitan area. KVEG, HOT 97.5, is one of two Rhythmics in the market, KLUC being the other, but has been the market leader since early 2006.