In this paper, we are interested in the following bilinear fractional integral operator $Bmathcal{I}_alpha$ defined by [ Bmathcal{I}_{alpha}({f,g})(x)=int_{% %TCIMACRO{U{211d} }% %BeginExpansion mathbb{R} %EndExpansion ^{n}}frac{f(x-y)g(x+y)}{|y|^{n-alpha}}dy, ] with $0< alpha<n$. We prove the weighted boundedness of $Bmathcal{I}_alpha$ on the Morrey type spaces. Moreover, an Olsen type inequality for $Bmathcal{I}_alpha$ is also given.